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Iran attacks threaten US economy with more uncertainty around inflation, growth

WASHINGTON, March 3, 2026 (AP) — The U.S. and Israeli attacks on Iran add yet more question marks around a U.S. economy already buffeted by on-and-off tariffs, weak hiring, and lingering inflationary pressures. The war has already raised oil prices and could lift prices at the pump as early as this week, but the ultimate impact on the economy and inflation will depend on the length and severity of the conflict, economists say. Should it wind down in a week or two, its economic effects would be minor and short-lived. Yet a longer war that pushed oil past $100 a

Experts talk how to navigate distressing news stories and finding coping mechanisms

BATON ROUGE, La. March 3, 2026 (AP) — As people awoke to headlines over the weekend about deadly U.S.-Israeli strikes on Iran and potential of widening conflict, alerts, social media and conversations at the dining room table were consumed by the news. While medical experts say it is normal for people to experience stress and anxiety — or feeling that the world descended into chaos overnight — it is important to find coping mechanisms and ways to responsibly take in the news in order to protect one’s mental health. “Fear, sadness, confusion… these are very normal reactions to very extreme

The strikes on Iran show why quitting oil is more important than ever

Melbourne, Mar 3 (The Conversation) As Israel and the United States strike Iran, global oil markets are on edge. Oil prices have begun rising even before any disruption to supply. Oil traders are factoring in the possibility the Strait of Hormuz might close. Roughly 20% of the world’s traded oil passes through this narrow waterway between Iran to the north and Oman and the United Arab Emirates to the south. One oil tanker has been bombed and traffic has all but halted. In global energy markets, the mere threat of interruption can push prices higher. Oil isn’t like most commodities.

Families take shelter in schools as Lebanon’s government calls Hezbollah’s strike on Israel illegal

BEIRUT, March 2, 2026 (AP) — Lebanese civilians fled from the country’s south and from Beirut’s southern suburbs on Monday, seeking refuge in schools in Lebanon’s capital following a new and deadly escalation between Israel and the Iran-allied Lebanese militant group Hezbollah. Lebanon’s Health Ministry reported at least 31 people were killed and 149 wounded in overnight strikes in the Beirut suburbs and southern Lebanon. The Lebanese government later Monday slammed Hezbollah’s decision to enter Iran’s war with Israel and the United States, called the militant group’s actions illegal and demanded it hand over its weapons. Highways were jammed overnight

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