March 19, 2026 4:55 am
DUBAI, United Arab Emirates (AP) — Iran has intensified its attacks on oil and gas facilities around the Gulf, dramatically raising the stakes in a war that is sending shock waves through the global economy. Thursday’s strikes came in retaliation for an Israeli attack on a key Iranian natural gas field. They sent fuel prices soaring and risked drawing Iran’s Arab neighbors directly into the conflict. Tehran targeted energy production, further stressing global supplies already under pressure because of Iran’s stranglehold on the Strait of Hormuz. That’s a strategic waterway through which a fifth of the world’s oil is transported. Israeli Prime Minister Benjamin Netanyahu says Iran no longer can enrich uranium or make ballistic missiles.
March 18, 2026 4:59 am
WASHINGTON (AP) — The U.S. government’s top intelligence official has told lawmakers that Iran’s government “appears to be intact but largely degraded.” However, Tulsi Gabbard, the director of national intelligence, repeatedly dodged questions about whether President Donald Trump had been warned about the fallout from the weeks-old war, including Iran’s attacks on Gulf nations and its effective closure of the vital Strait of Hormuz. Gabbard also stated in prepared remarks to the Senate Intelligence Committee that U.S. attacks on Iran last year had “obliterated” Iran’s nuclear program and that there had been no effort since then to rebuild that capability. The statement was notable given Trump’s repeated assertions that a war with Iran was necessary.
March 18, 2026 5:01 am
WASHINGTON (AP) — The widening war in Iran is exposing big gaps at the State Department, especially in the bureau that handles the Middle East. In recent weeks, officials say, the Trump administration has cut staff, left key leadership jobs vacant and relied on a small circle of aides. Former officials describe an understaffed and demoralized workforce. They link the turmoil to mixed public messaging, weak planning and trouble helping Americans trapped in conflict zones. They say the department started evacuation planning late. The State Department now relies on temporary task forces and volunteers.
March 18, 2026 5:00 am
WASHINGTON (AP) — The U.S. national debt has hit a record $39 trillion. The deficit hit the milestone Wednesday just weeks into the U.S.-Israeli war in Iran. The Government Accountability Office says rising debt can raise borrowing costs for mortgages and cars. It can also squeeze wages and push up prices. Budget advocates warn that growing interest payments force tougher tradeoffs. The federal debt has surged under both Republican and Democratic presidents, most recently fueled by wars, large-scale pandemic spending and tax cuts. The U.S. national debt hit $38 trillion five months ago — and $37 trillion two months before that.
March 19, 2026 4:28 pm
BARCELONA (AP) — Spanish authorities say they have found the body of a missing college student from Illinois. The body of 20-year-old James “Jimmy” Gracey was found Thursday evening in the waters off a Barcelona beach, near where he was last seen outside a nightclub with his friends early Tuesday. He never returned to the room he was renting with friends. Police recovered his phone soon after he went missing. Gracey was a student at the University of Alabama, and was visiting friends in Barcelona for a spring break trip.
March 19, 2026 5:22 pm
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom is supporting a proposal to rename César Chavez Day following stunning abuse allegations against the revered labor leader. Newsom said Thursday he will move quickly on legislation if it passes to rename March 31 as Farmworkers Day. Political leaders in states and cities are considering similar moves after the co-founder of the United Farm Workers of America union and others alleged Chavez sexually abused them. Washington Gov. Bob Ferguson’s office says he won’t issue a proclamation honoring César Chavez Day this year. There also are calls to alter memorials honoring the man who helped secure better wages and working conditions for farm workers.
March 19, 2026 4:50 am
HARRISBURG, Pa. (AP) — Pennsylvania regulators are seeking $2.6 million in penalties from UGI because of a gas leak and deadly explosion at a chocolate factory. The state Public Utility Commission on Wednesday asked an administrative law judge to issue the fines. Regulators argue UGI’s gas distribution equipment serving R.M. Palmer Co. in West Reading violates state and federal rules. The March 2023 blast killed seven workers and injured 10 people. It destroyed a factory building and a nearby apartment building. UGI is calling the explosion a heartbreaking tragedy and expressing sympathy for the victims’ families, people in West Reading and others who were affected.
March 18, 2026 5:50 pm
WASHINGTON (AP) — Federal Reserve officials expect the Iran war will worsen inflation this year while having little impact on growth, but they still expect to cut their key rate once in 2026. For now, Fed policymakers left short-term interest rates unchanged Wednesday for the second straight meeting at about 3.6%. Fed Chair Jerome Powell said Wednesday that it’s too soon to predict the long-term impact of the Iran war on the U.S. economy. Powell also said he has “no intention” of leaving the central bank until a Justice Department investigation related to his testimony about a building renovation is over.
March 18, 2026 10:24 am
WASHINGTON (AP) — The Treasury Department is easing sanctions on Venezuela’s state oil company, with some limits. The Trump administration is looking for ways to to ease oil prices that have soared during the Iran war. The U.S. issued a license on Wednesday that lets Venezuela’s state-run company sell and export Venezuelan oil to U.S. buyers and on global markets. The move could have the effect of getting more oil into the world market. Separately, the White House says Trump will waive, for 60 days, requirements for goods shipped between U.S. ports to be moved on U.S.-flagged vessels for 60 days. That 1920s law is often blamed for making gas more expensive.
March 18, 2026 4:56 am
HONG KONG (AP) — About 90 ships including oil tankers have crossed the Strait of Hormuz since the beginning of the war with Iran. Maritime and trade data platforms report it is still exporting millions of barrels of oil at a time when it said it closed the key waterway for vessels of the U.S. and its allies. Analysts say Iranian oil export volumes remain resilient. Many of the vessels that have passed through the Strait are so-called “dark” transits evading Western sanctions that likely have ties with Iran. More recently, vessels with ties to India and Pakistan have also successfully crossed the strait as governments stepped up negotiations.
