Record gasoline prices hit US over Labor Day weekend

3 min agoThe Panama Canal began reducing daily crossings from 36 to 32 vessels by mid-September on Friday due to low water levels in the artificial lakes that feed it, caused by an El Niño-driven drought. The canal handles five percent of global maritime trade and around 40 percent of US container traffic.

18 min agoUS Central Command said it struck three Iranian crude oil tankers on Saturday after the Islamic Revolutionary Guard Corps launched ballistic missiles toward two American Navy warships in regional waters. The targeted warships successfully evaded the Iranian attacks and no US personnel were injured.

33 min agoA two-seat F-4 Phantom fighter jet crashed at Tanagra air force base near Athens on Saturday during an aerial display, triggering a fire that sent plumes of black smoke into the sky. No injuries were reported among spectators watching the annual Athens Flying Week event. Air force officials offered no immediate update on the condition of the two crew members as emergency responders worked to contain the blaze.

1 h agoStates party to a weapons convention agreed on a document Saturday that could lead to international rules governing autonomous weapons. The 128 nations are signatories to a framework that regulates or bans weapons deemed indiscriminate or causing excessive injury.

1 h agoArgentina has initiated proceedings to sanction 45 companies and individuals involved in hydrocarbon exploration and exploitation in the Falkland Islands, following President Javier Milei's announcement of tougher penalties for such projects. Among those under investigation are Navitas Petroleum and four Israeli institutional entities that hold shares in the company.

1 h agoHouthis struck a crowded road near Taiz with a missile, killing at least four civilians. At least 129 people have been killed since Thursday amid fierce clashes across Taiz and Hodeidah, roughly half of them armed fighters from Yemeni government forces, as the Houthis pressed a broad ground offensive with missiles and drones.

1 h agoThe national average price for gasoline is expected to reach $4.03 per gallon on Labor Day, surpassing the previous record of $3.83 set in 2012. Crude oil prices climbed above $90 a barrel this week following renewed military actions involving the US and Iran, which analysts say has stoked concerns about potential supply disruptions.

2 h agoU.S. Ambassador Mike Huckabee said Israel has no plan to forcibly remove Palestinians from Gaza, following proposals by Israeli ministers. The Freedom Flotilla Coalition announced a new mission to challenge Israel's blockade, with ships sailing between European ports before an October attempt to reach Gaza.

3 h agoRichard Hughes has stepped down from his role at Liverpool and is set to join Saudi Pro League club Al Hilal in a similar position. Hughes, 47, had been at Liverpool since June 2024 and oversaw a summer transfer spend of about £200m, including the signing of Bradley Barcola from Paris St-Germain.

3 h agoA Chinese worker was pulled alive from a 225-metre tunnel at a hydropower project in Nepal's Rasuwa district ten days after a major flood struck the region. A 64-year-old Nepali woman was also rescued from her buried home in Nuwakot district on Saturday. The flooding has killed over 1,300 people and left at least 5,500 missing.