Iran hit a Saudi refinery on the Red Sea and set Qatari liquefied natural gas facilities and two Kuwaiti oil refineries ablaze, sending international oil and gas prices soaring Thursday. The strikes followed an Israeli attack on Iran’s main natural gas field the previous day. Brent crude oil, the international standard, spiked to as high as $118 a barrel, up more than 60% since Israel and the United States started the war Feb. 28 with strikes on Iran. The U.S.-Israeli war with Iran has roiled energy markets as the conflict escalates pressure on the region’s energy sector.

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U.S. President Donald Trump pledged Israel would make no more attacks on Iran’s major South Pars gas field, but if Iran attacked Qatar again the U.S. would retaliate and “massively blow up the entirety” of the field. An AP source says the U.S. was informed of Israel’s strike on Iran’s South Pars gas field but did not take part. U.S. and Israeli strikes are taking place across Iran on Wednesday while Israeli forces are attacking Hezbollah in Lebanon, displacing over a million people. Iran has targeted Gulf energy facilities and made the Strait of Hormuz nearly impassable. Oil jumped more than 5% to above $108 a barrel.

AP Wire
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Democratic senators are pressing the U.S. government’s top intelligence official about the war with Iran. That includes whether Tulsi Gabbard had advised President Donald Trump that Iran was likely to to block the Strait of Hormuz if Iran was attacked. Gabbard appeared at a Senate hearing Wednesday and she repeatedly deflected questions about the intelligence she had offered Trump. Democrats are trying to use a rare public forum to extract answers from intelligence officials about the widening conflict in the Middle East.

AP Wire
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Farmers are bracing for effects of the Iran war on fertilizer prices and availability as the spring planting season nears. Farmers have complained about costly fertilizer for years, but prices have soared even higher since the U.S. and Israel attacked Iran on Feb. 28. The war prompted Iran to largely block shipping through the Strait of Hormuz, a chokepoint for 20% of the world’s oil and natural gas. Besides increasing the price of fuel, which is key in the production of fertilizer, the shipping disruption also has reduced the export of nitrogen fertilizers manufactured in the Persian Gulf and limited access to key fertilizer ingredients.

AP Wire
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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.

AP Top Story Wire
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Israel says it has killed another top Iranian official, which would be the third in two days. Israeli Defense Minister Israel Katz said Iran's intelligence minister had been killed overnight. Iran lashed out early on Wednesday with multiple attacks on its Persian Gulf neighbors and Israel, using some of its latest missiles to evade air defenses. Two people were killed near Tel Aviv. Israel, on Wednesday. Israel has kept up the intense pressure on Lebanon with strikes it said targeted Iran-backed Hezbollah militants, hitting multiple apartment buildings in Beirut and killing at least a dozen people as the war in the Middle East showed no signs of slowing.

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Cuba’s widening economic turmoil along with its growing political tensions with U.S. President Donald Trump have paralyzed much of the island. There's also uncertainty about what’s next. The country was plunged into darkness this week by its third major blackout since December. That opened the door for Trump to suggest that he might have the “honor of taking Cuba.” Cuba is struggling under the weight of an U.S. energy blockade. U.S. Secretary of State Marco Rubio said on Tuesday that Cuba’s current political and governmental system can’t fix the country’s problems. Rubio says they need dramatic changes.

AP Wire
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U.S. Secretary of State Marco Rubio is calling for "new people in charge" of Cuba as the socialist island experiences its third nationwide blackout in four months. U.S. President Donald Trump has called Cuba a “very weakened nation.” He said on Monday that he believes he’ll have the “honor of taking Cuba.” On Tuesday Rubio, who is of Cuban heritage, said the current government is incapable to addressing the problems. The island's government blames its woes on a U.S. energy blockade after Trump in January warned of tariffs on any country that sells or provides oil to Cuba. The country's aging grid has drastically eroded in recent years, leading to daily outages.

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U.S. President Donald Trump says he has pressured around seven countries to send warships to keep the Strait of Hormuz open as fears of a global energy crisis persist and Iranian attacks and threats have choked off shipping in the vital waterway. The U.S. and Israel continued striking targets in Iran on Monday, while Israel has intensified operations against Iran-backed militants in Lebanon, where more than 1 million people have been displaced. U.N. peacekeepers say Israeli ground forces have massed near the border. Iran has responded with drone and missile attacks across the region. Officials say the war has killed at least 1,300 people in Iran, 880 in Lebanon and 12 in Israel.

AP Wire
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President Donald Trump relied on his gut and largely side-stepped diplomatic coordination as he made the decision to launch strikes on Iran with Israel. But now with the Iran war’s economic and geopolitical consequences unfurling rapidly, the Republican president is cajoling allies and other global powers to help mop up the mess. Trump says he’s asked roughly a half-dozen other countries to send warships to reopen the vital Strait of Hormuz to oil traffic. So far, none has committed. Trump even indicated he'd use his long-planned trip to China to pressure Beijing to help with the coalition — a notion his Treasury secretary later downplayed.