AP
Confusion deepened Wednesday in the Strait of Hormuz as Iran attacked three ships near the crucial waterway whose closure has plunged the worl…
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FILE - Prices are shown on a board at a gas station in London, England, Monday, March 30, 2026. (AP Photo/Kin Cheung, File)
AP
Canadian Prime Minister Mark Carney says Canada’s strong economic ties to the U.S. were once a strength but are now a weakness that must be corrected. Carney spoke in a video address released Sunday about his government’s efforts to strengthen the Canadian economy by attracting new investments and signing trade deals with other countries. He said the world is more “dangerous and divided” and noted the U.S. has changed its approach to trade by raising tariffs to levels last seen in the Great Depression. Carney said tariffs imposed by U.S. President Donald Trump have impacted workers in such major industries as auto and steel and prompted businesses to hold back investments.
A Philippine Airlines plane takes off from Los Angeles International Airport in El Segundo, Calif., on Friday, April 17, 2026. (AP Photo/Damian Dovarganes)
Crude oil tanker "Chios" has its cargo pumped into the Chevron Products Company refinery, one of California's largest petroleum processing facilities, in El Segundo, Calif., on Friday, April 17, 2026. (AP Photo/Damian Dovarganes)
AP
NEW YORK (AP) — A looming jet fuel shortage in Europe and Asia could compound the Iran war's impact on world travel within weeks if a fragile …
Neer Malik fills up just one gallon of gasoline to ride approximately 100 miles on his motorcycle at a gas station in Los Angeles on Friday, April 17, 2026. (AP Photo/Damian Dovarganes)
A motorist fills up his truck for over a $100 at a gas station in Los Angeles on Friday, April 17, 2026. (AP Photo/Damian Dovarganes)
AP
The head of the International Energy Agency has warned that Europe has about six weeks of jet fuel left. In an interview Thursday, Fatih Birol told The Associated Press of his concerns about possible flight cancellations if oil supplies remain blocked by the Iran war. He described the situation as the largest energy crisis ever, with potential significant global repercussions. The Strait of Hormuz closure affects oil, gas and other vital supplies. Birol predicts higher gasoline, natural gas and electricity prices worldwide. Japan, Korea and India are among Asia countries on the front line, with Europe and the Americas affected next.
A Tesla electric vehicle charger is seen at a charging station on Wednesday, April 15, 2026, in Portland, Ore. (AP Photo/Jenny Kane)