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In the news today: New developments in the Iran war are increasing fears of a global energy crisis; Trump suggests he may delay his China trip as he pressures Beijing for help with getting oil through the Strait of Hormuz; and severe storms pummel parts of the U.S. Also, all the highlights from the Academy Awards. |
Fire and plumes of smoke rise after a drone struck a fuel tank, forcing the temporary suspension of flights at Dubai International Airport on Monday. (AP Photo) |
Iran hits Gulf neighbors and keeps stranglehold on oil shipping as concerns rise of energy crisis |
Tehran has been regularly striking regional energy infrastructure with drones and missiles. It has also effectively stopped shipping traffic in the Strait of Hormuz, through which a fifth of the world's oil is transported, giving rise to growing fears of a global energy crisis and putting pressure on Washington as consumers are already feeling the pain at the pump. Read more. |
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Trump suggests he may delay China trip as he pressures Beijing for help with Strait of Hormuz |
President Donald Trump is suggesting he may delay his much-anticipated visit to China at the end of the month as he seeks to ramp up the pressure on Beijing to help reopen the Strait of Hormuz and calm oil prices that have soared during the Iran war. Read more. |
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The uncertainty underscores just how much the U.S.-Israeli strikes on Iran have reshaped global politics in the past two weeks. Calling off the face-to-face visit with Chinese President Xi Jinping could have its own major economic consequences. Relations between Washington and Beijing have been fraught as both sides have threatened the other with steep tariffs over the past year.
In an interview Sunday with the Financial Times, Trump said China's reliance on oil from the Middle East means it ought to help with a new coalition he is trying to put together to get oil tanker traffic moving through the strait after Iran's threats have throttled global flows of oil. Trump said "we'd like to know" before the trip whether Beijing will help. "We may delay," Trump said in the interview. |
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Severe storms pummel parts of US with snow and high winds and raise tornado threat |
Successive punches of snow and wind were set to impact the eastern half of the United States on Monday as severe weather swept across much of the nation and made roads impassable in the Upper Midwest. Read more. |
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Forecasters said mid-Atlantic states and Washington, D.C., were at greatest risk for high winds and tornadoes. The cold front was expected to move off the East Coast by Tuesday, bringing sharply colder weather in its wake, forecasters said. The late winter blast comes as Hawaii continues to be affected by a separate storm system that caused severe flooding over the weekend.
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Paul Thomas Anderson, left center, Sara Murphy, right center, and the team from "One Battle After Another" accept the award for best picture during the Oscars on Sunday, at the Dolby Theatre in Los Angeles. (AP Photo/Chris Pizzello) |
'One Battle After Another' triumphs at Academy Awards Paul Thomas Anderson's "One Battle After Another" was crowned best picture at the 98th Academy Awards. The ceremony Sunday, which also saw Michael B. Jordan win best actor and "Sinners" cinematographer Autumn Durald Arkapaw make Oscar history as the first female director of photography to win the award, was a long-in-coming coronation for Anderson. Before Sunday, he had never won an Oscar. Check out the full list of winners, see the night's red carpet looks and go behind the scenes to find out what wasn't shown on television. |
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