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Early-season heat dome brings highest temperatures in years to parts of Eastern US

Early-season heat dome brings highest temperatures in years to parts of Eastern US

By SETH BORENSTEIN AP Science Writer

NEW YORK (AP) — An intense and nearly historic weather pattern is cooking much of America under a dangerous heat dome this week with triple-digit temperatures in places that haven’t been so hot in more than a decade.

The heat wave is especially threatening because it’s hitting cities like Boston, New York and Philadelphia early in the summer when people haven’t gotten their bodies adapted to the broiling conditions, several meteorologists said. The dome of high pressure that’s parking over the eastern United States is trapping hot air from the Southwest that already made an uncomfortable stop in the Midwest.

A key measurement of the strength of the high pressure broke a record Monday and was the third-highest reading for any date, making for a “near historic” heat wave, said private meteorologist Ryan Maue, a former National Oceanic and Atmospheric Administration chief scientist. The worst of the heat was likely to peak for Northeastern cities on Tuesday, forecasters said.

“Like an air fryer, it’s going to be hot,” Maue said. ”This is a three-day stretch of dangerous heat that will test the mettle of city dwellers who are most vulnerable to oppressive heat waves.”

A heat dome occurs when a large area of high pressure in the upper atmosphere acts as a reservoir, trapping heat and humidity. A heat wave is the persistence of heat, usually three days or more, with unusually hot temperatures.

Where the heat will be worst

Nearly three-quarters of the country’s population — 245 million people — will swelter with 90 degrees Fahrenheit (about 32 Celsius) or higher temperatures on Monday, and 33 million people, almost 10% of the country, will feel blistering 100-degree heat (about 38 Celsius) on Tuesday, Maue said. The government’s heat health website showed the highest level of heat risk in swaths from Chicago to Pittsburgh and North Carolina to New York.

Those triple-digit air temperatures — with the feels-like index even worse because of humidity — are possible in places where it’s unusual. New York hasn’t seen 100 degrees since 2011 and Philadelphia, which is forecast to have consecutive triple-digit days, hasn’t reached that mark since 2012, said Climate Central chief meteorologist Bernadette Woods Placky.

In downtown Baltimore, temperatures climbed into the high 90s by early Monday afternoon, bringing dozens of people to cool off at St. Vincent de Paul’s resource center. A few blocks away, the city’s historic Broadway Market food hall closed early when the building’s air conditioning broke.

The heat forced the cancellation of events in west Baltimore, said Eric Davis Sr., who spends most of his days working at a baseball field there.

“You can’t have kids getting heat stroke,” he said. “It’s just too hot today.“

NOAA meteorologist David Roth said it takes time to acclimate to summer heat and this heat dome could be a shock for some.

“You’re talking about some places that could be 40 degrees warmer than last week. So that’s a big deal,” he said.

Climate change is making Earth warmer

The heat is part of Earth’s long-term warming. Summers in the United States are 2.4 degrees (1.3 degrees Celsius) hotter than 50 years ago, according to NOAA data. Human-caused climate change has made this heat wave three times more likely than without the burning of coal, oil and gas, the climate science nonprofit Climate Central calculated, using computer simulations comparing the current weather to a fictional world without the industrial greenhouse gases.

A key question is how much humidity will add to the discomfort and danger of the heat.

Maue is forecasting dry air which may be a degree or two or three hotter than predicted by NOAA, but more comfortable. Other meteorologists expected worse: Sticky, humid and even more dangerous.

“The ‘big deal’ will be with the humidity being provided with the wet late spring conditions,” said University of Oklahoma meteorology professor Jason Furtado. “The area of high pressure will allow for a lot of evaporation to occur from the wet grounds locally and regionally, which will increase the heat indices quite a bit.”

Woods Placky said to expect dew points, a key measure of humidity, in the 70s. That’s downright tropical, with some places approaching a dew point of 80 — a level Woods Placky said feels like “you’re in a swimming pool” and “the atmosphere is absorbing you.”

If this heat were later in the summer, it might not be as dangerous because the human body can adjust to the seasonably warmer temperatures, but this one is coming within days of the solstice, Woods Placky and others said.

“It will be a shock to the system,” she said.

___

Associated Press writers Isabella O’Malley in Philadelphia and Lea Skene in Baltimore contributed.

___

The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

Mt. Olive Pickle to open new downtown store with a taste of history and southern charm

Mt. Olive Pickle to open new downtown store with a taste of history and southern charm

RALEIGH, N.C. (WPTF) – Mt. Olive Pickle is bringing more than just its famous pickles to downtown Mount Olive—it’s serving up nearly 100 years of history, flavor and community pride. The company is set to open the Mt. Olive Pickle Parlor, a brand-new store and interactive exhibit space that celebrates its legacy with style.

“We are holding the grand opening for the brand new Mt Olive pickle parlor in downtown Mount Olive,” said Public Relations Manager Lynn Williams. “We have gone from 600 square feet of retail to a little over 3000.”

The expanded space doesn’t just offer more room for merchandise—it invites visitors into a full-sensory experience. From a 1910s-inspired storefront to 1920s schoolhouse lights and ornate cabinetry inside, every detail is a nod to the company’s roots. A highlight of the space is the Pickle Barrel Room, where guests can watch a looping tour video and explore a timeline tracing Mt. Olive’s journey from its founding in 1926 to its place as a household name today.

But it’s not all nostalgia. The Pickle Parlor brings fresh energy to the downtown district, featuring a new lineup of what Williams affectionately calls “picklephernalia”—everything from branded hoodies to offbeat pickle-themed gifts.

“We took…what we have always had in our little gift shop here t-shirts and hats and hoodies and that kind of thing, but we’ve expanding our offering to just general pickle-themed stuff,” said Williams.

And yes, there’s a pickle bar. The tasting counter will rotate flavors daily and include one of the more unexpected items on the menu: a fizzy, tangy pickle soda brewed locally by R&R Brewing.

“We’ll do pickle tastings, we’ll have a pickle flavor of the day that folks can come in and try, we have our local brewery R&R brewing and they produced a pickle soda–we’ll have that available at the pickle bar,” said Williams.

Set to open this Thursday, the Mt. Olive Pickle Parlor is already drawing attention, with curious passersby peeking through windows and eager fans knocking to get a preview.

“People just come by and they peak in the windows and sometimes they’ll knock on the door and say ‘can we come in and just look?’ There’s a lot of really nice excitement about it,” said Williams. “Pickle fans are the best fans in the world.”

For Mt. Olive, it’s not just about what’s in the jar—it’s about the stories, the people, and the Southern spirit that keep the tradition alive, one crunchy bite at a time.

The largest digital camera ever built has released its first shots of the universe

The largest digital camera ever built has released its first shots of the universe

By ADITHI RAMAKRISHNAN AP Science Writer

NEW YORK (AP) — The largest digital camera ever built released its first shots of the universe Monday — including colorful nebulas, stars and galaxies.

The Vera C. Rubin Observatory, located on a mountaintop in Chile, was built to take a deeper look at the night sky, covering hidden corners. Funded by the U.S. National Science Foundation and U.S. Department of Energy, it will survey the southern sky for the next 10 years.

Made from over 1100 images captured by NSF-DOE Vera C. Rubin Observatory, the video begins with a close-up of two galaxies then zooms out to reveal about 10 million galaxies. Those 10 million galaxies are roughly .05% of the approximately 20 billion galaxies Rubin Observatory will capture during its 10-year Legacy Survey of Space and Time. Explore the Cosmic Treasure Chest. Credit: NSF–DOE Vera C. Rubin Observatory

The observatory’s first look features the vibrant Trifid and Lagoon nebulas located thousands of light-years from Earth. A light-year is nearly 6 trillion miles. A gaggle of galaxies known as the Virgo Cluster were also captured, including two bright blue spirals.

The observatory hopes to image 20 billion galaxies and discover new asteroids and other celestial objects.

The effort is named after astronomer Vera Rubin, who offered the first tantalizing evidence that a mysterious force called dark matter might be lurking in the universe. Researchers hope the observatory’s discerning camera may yield clues about this elusive entity along with another called dark energy.

___

The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education and the Robert Wood Johnson Foundation. The AP is solely responsible for all content.

New Orleans Pecan Pralines

New Orleans Pecan Pralines

New Orleans Pecan Pralines

Photo by Getty Images

New Orleans Pecan Pralines Recipe from Kenneth Temple

Prep time: 5 minutes

Cooking time: 15 minutes + 1 hour

Serving size: 9 servings

Ingredients

  • 2 ½ cups raw cane sugar
  • ¼ teaspoon kosher salt
  • 12 oz. canned evaporated milk
  • 4 tablespoons unsalted butter
  • 1 teaspoon pure vanilla extract
  • 1 ½ cups chopped pecans
  • parchment paper

Directions

  1. Line two baking sheets with parchment paper or aluminum foil.
  2. In a heavy bottom pot over medium heat bring sugar, salt, evaporated milk and butter to a boil. Once the mixture begins to boil, set a timer for 15 minutes, and stir continuously. After 2 minutes, stir in the vanilla, and keep stirring.
  3. Mixture will boil up and as time goes on it will being to thicken. Be sure to scrape the corners of the pot to prevent any scorching of the sugars.
  4. Once the timer goes off, cut the heat off and add the pecans. Stir it vigorously to whip it for 45 seconds. The mixture should be thick and creamy. It will begin to stiffen, so put a little elbow grease into it.
  5. Then very quickly scoop out pralines. Just move very fast because the pralines will harden fast. Let cool for 1 hour before serving.
Win Rod Stewart Tickets!

Win Rod Stewart Tickets!

KIX 102 FM welcomes Rod Stewart ONE LAST TIME. He’s coming to Coastal Credit Union Music Park on Tuesday, July 8th, with special guests Cheap Trick. Enter below to win! Contest ends July 4th at 11:59 p.m.

Enter to Win Tickets to Styx!

Enter to Win Tickets to Styx!

Keeping the brotherhood alive! Styx, performing The Grand Illusion in its entirety, The Kevin Cronin Band, former lead singer of REO Speedwagon, performing Hi Infidelity in its entirety along with REO hits, and Don Felder, formerly of the Eagles. It’s two classic albums, one big night at Coastal Credit Union Music Park on Wednesday, July 9th! All week long, enter for your chance to win a pair of tickets to the show. Contest ends July 4th at 11:59 p.m.

Mick Ralphs, founding member of Bad Company and Mott the Hoople, dies at 81

Mick Ralphs, founding member of Bad Company and Mott the Hoople, dies at 81

By ANDREW DALTON AP Entertainment Writer

Mick Ralphs, a guitarist, singer, songwriter and founding member of the classic British rock bands Bad Company and Mott the Hoople, has died.

A statement posted to Bad Company’s official website Monday announced Ralphs’ death at age 81. Ralphs had a stroke days after what would be his final performance with the band at London’s O2 Arena in 2016, and had been bedridden ever since, the statement said. No further details on the circumstances of his death were provided.

Ralphs is set to become a member of the Rock & Roll Hall of Fame as a member of Bad Company in November.

“Our Mick has passed, my heart just hit the ground,” Bad Company singer Paul Rodgers said in a statement. “He has left us with exceptional songs and memories. He was my friend, my songwriting partner, an amazing and versatile guitarist who had the greatest sense of humour.”

Ralphs wrote the 1970’s song “Ready for Love” for Mott the Hoople, later revamped for Bad Company’s 1974 debut album, which also included the Ralphs-penned hit “Can’t Get Enough.” He co-wrote Bad Company’s 1975 classic “Feel Like Makin’ Love” with Rodgers.

Born in Stoke Lacy, Herefordshire, England, Ralphs began playing blues guitar as a teenager, and in his early 20s in 1966, he co-founded the Doc Thomas Group. In 1969, the band would become Mott the Hoople, a name taken from the title and title character of a 1966 novel by Willard Manus.

The group’s self-titled first album, recorded in a week, won a cult following, but the two that followed were critical and financial flops. They finally found popular success and became glam-rock giants with the 1972 David Bowie-penned-and-produced song “All the Young Dudes.” But Ralphs felt creatively cramped in the band led by singer-songwriter Ian Hunter and left in 1973.

He would soon form Bad Company with Rodgers, a singer who had left his own band, Free.

The two had intended only to write songs together, and possibly to make a one-off album as a project. But when Free drummer Simon Kirke asked to sit in, they realized they were nearly a proper group already and went seeking a bassist. They found him in former King Crimson member Boz Burrell.

“We didn’t actually plan to have a band,” Ralphs said in a 2015 interview with Gibson Guitars. “It was all kind of accidental I suppose. Lucky, really.”

Kirke said in a statement Monday that Ralphs was “a dear friend, a wonderful songwriter, and an exceptional guitarist. We will miss him deeply.”

Bad Company found immediate success. its albums were full of radio-ready anthems, and its live sound was perfectly suited to the 1970s height of arena rock.

Their self-titled debut album went to No. 1 on Billboard’s album chart. And Ralphs’ “Can’t Get Enough” — often mistakenly called “Can’t Get Enough of Your Love” because of its chorus lyrics — would be their biggest hit single, peaking at No. 5 on the Billboard Hot 100.

“We actually did the whole thing in one take live,” Ralphs said in the Gibson interview. “It wasn’t perfect, but we just said, ‘Yeah, that’s great, it’s going to capture the moment.’ That’s what I like to do in recording. It doesn’t have to be perfect as long as it captures the moment. That’s what it’s all about.”

Bad Company’s 1975 follow-up, “Straight Shooter,” was also a hit, going to No. 3 on album charts in both the Billboard Hot 100 in the U.S. and the UK Albums Chart.

Its opening track, “Good Lovin’ Gone Bad,” written by Ralphs, was a modest hit, and the song that followed it, “Feel Like Makin’ Love,” was a big one that would remain in rotation on classic rock radio for decades.

The band’s statement says Ralphs is survived by “the love of his life,” his wife Susie Chavasse, along with two children, three step-children and “beloved bandmates” Rodgers and Kirke.

“Our last conversation a few days ago we shared a laugh,” Rodgers said. “But it won’t be our last.”

Trump announces a ceasefire in Iran-Israel war; Iran to halt its fire if Israel stops its strikes

Trump announces a ceasefire in Iran-Israel war; Iran to halt its fire if Israel stops its strikes

By DAVID RISING, JON GAMBRELL and MELANIE LIDMAN Associated Press

DUBAI, United Arab Emirates (AP) — U.S. President Donald Trump announced that Israel and Iran had agreed to a “complete and total ceasefire,” but its status remained unclear as attacks continued Tuesday.

Trump’s announcement came soon after Iran launched a limited missile attack Monday on a U.S. military base in Qatar, retaliating for the American bombing of its nuclear sites.

U.S. President Donald Trump said that Israel and Iran had agreed to a “complete and total ceasefire” soon after Iran launched a limited missile attack Monday on a U.S. military base in Qatar, retaliating for the American bombing of its nuclear sites. (AP Video)

Iran’s foreign minister said that as long as Israel stopped its attacks by 4 a.m. local Tehran time Tuesday, Iran would halt its own. But nearly an hour after that deadline, Israel’s military warned its public that Iran had launched missiles towards it as sirens sounded. At least one missile interception could be seen over the skies of Jerusalem and warnings of two further attacks followed as day broke.

It’s unclear what the detected missile launches would do for the ceasefire’s timeline.

Trump’s announcement on Truth Social said the ceasefire wouldn’t begin until about midnight Tuesday Eastern time. He said it would bring an “Official END” to the war.

Israel doesn’t confirm ceasefire but appears to pause strikes

Israel did not immediately acknowledge any ceasefire, but there were no reports of Israeli strikes in Iran after 4 a.m. local. Heavy Israeli strikes continued in Tehran and other cities until shortly before that time. Israel in other conflicts has stepped up its strikes just before ceasefires took effect.

“As of now, there is NO ‘agreement’ on any ceasefire or cessation of military operations,” Iranian Foreign Minister Abbas Araghchi wrote in a post on X. “However, provided that the Israeli regime stops its illegal aggression against the Iranian people no later than 4 am Tehran time, we have no intention to continue our response afterwards.”

His message was posted at 4:16 a.m. Tehran time. Araghchi added: “The final decision on the cessation of our military operations will be made later.”

The Israeli military declined to comment on Trump’s ceasefire statement and the office of Israeli Prime Minister Benjamin Netanyahu did not immediately respond to a message seeking comment.

Trump describes conflict as ’12 Day War’

Trump gave the conflict between Israel and Iran a name: the “12 Day War.” That recalls the 1967 Mideast war, known by some as the “Six Day War,” in which Israel fought a group of Arab countries including Egypt, Jordan and Syria.

Trump’s reference carries emotional weight for the Arab world, particularly Palestinians. In the 1967 war, Israel captured the West Bank and east Jerusalem from Jordan, the Gaza Strip and the Sinai Peninsula from Egypt, and the Golan Heights from Syria. Though Israel later gave the Sinai back to Egypt, it still holds the other territories.

Trump communicated directly with Israeli Prime Minister Benjamin Netanyahu to secure the ceasefire, according to a senior White House official who insisted on anonymity to discuss the Monday talks. Vance, Secretary of State Marco Rubio and special envoy Steve Witkoff communicated with the Iranians through direct and indirect channels.

The White House has maintained that the Saturday bombing helped get the Israelis to agree to the ceasefire and that the Qatari government helped to broker the deal.

It’s unclear what role Ayatollah Ali Khamenei, Iran’s leader, played in the talks. He said earlier on social media that he would not surrender.

Iran attack against US implied willingness to de-escalate

Iran attacked a U.S. base in Qatar on Monday, but appeared to indicate it was prepared to reduce tensions. The U.S. was warned by Iran in advance, and there were no casualties, said Trump, who dismissed the attack as a “very weak response.”

Qatar condemned the attack on Al Udeid Air Base as “a flagrant violation” of its sovereignty, airspace and international law. Qatar said it intercepted all but one missile, though it was not clear if that missile caused any damage.

Iran said the volley matched the number of bombs dropped by the United States on Iranian nuclear sites over the weekend. Iran also said it targeted the base because it was outside of populated areas.

Qatar Maj. Gen. Shayeq Al Hajri said 19 missiles were fired at the base that is home to the Combined Air Operations Center, which provides command and control of air power across the region, as well as the 379th Air Expeditionary Wing, the largest such wing in the world. Trump said 14 missiles were fired, 13 were knocked down and one was “set free” because it posed no threat.

Iran announced the attack on state television, with a caption calling it “a mighty and successful response” to “America’s aggression.”

Earlier reports that a missile was launched at a base housing American forces in Iraq were a false alarm, a senior U.S. military official said. The official, who spoke on condition of anonymity because he was not authorized to comment publicly, said debris from a malfunctioning Iranian missile targeting Israel had triggered an alert of an impending attack on the Ain al-Assad base.

By early Tuesday, Qatar Airways resumed its flights after Qatar shut down its airspace over the Iranian attack on Al Udeid Air Base. Flight-tracking data showed commercial aircraft again flying in Qatari airspace, signaling Doha believed the threat on the energy-rich nation had passed.

Israel and Iran trade attacks

Israel and Iran traded barrages early Tuesday morning.

Iran struck Israel with missiles and drones while Israel said it attacked “regime targets and government repression bodies in the heart of Tehran.”

In Tehran, Israel hit the headquarters of the military force that suppressed recent protests and blew open a gate at Evin prison, which is known for holding political activists.

Iranian state television aired footage it said was shot inside Evin, with prisoners under control. However, the Washington-based Abdorrahman Boroumand Center for Human Rights in Iran said many families of detainees “have expressed deep concern about the safety and condition of their loved ones” in the prison.

The Israeli military also confirmed it struck roads around Iran’s Fordo enrichment facility to obstruct access to the site. The underground site was one of those hit in Sunday’s attack by the United States. The Israeli military did not elaborate.

In Vienna, the head of the United Nations nuclear watchdog said he expected there to be heavy damage at the Fordo facility following Sunday’s U.S. airstrike there with sophisticated bunker-buster bombs.

Several Iranian officials, including Atomic Energy Organization of Iran spokesman Behrouz Kamalvandi, have claimed Iran removed nuclear material from targeted sites ahead of time.

Trump floats regime change

Israeli officials insisted they did not seek the overthrow of Iran’s government, their archenemy since the country’s 1979 Islamic Revolution.

But the latest strikes unfolded only hours after Trump himself mentioned the possibility of regime change a day after inserting America into the war with its stealth-bomber strike on three Iranian nuclear sites.

“If the current Iranian Regime is unable to MAKE IRAN GREAT AGAIN, why wouldn’t there be a Regime change???” he asked on his Truth Social website. White House press secretary Karoline Leavitt later described Trump as “simply raising a question.”

Before the news of a ceasefire, an Israeli official, speaking on condition of anonymity to discuss high-level internal deliberations, said Israel aimed to wind down the war in the coming days, but that it would depend on the Iranians.

Israel’s preferred outcome is for Iran to agree to a ceasefire and reenter negotiations with the U.S. over its nuclear program, the official said. But Israel is prepared for the possibility of an extended low-intensity war of attrition or period of “quiet for quiet,” in which it would closely monitor Iran’s activities and strike if it identifies new threats.

Conflict has killed hundreds

In Israel, at least 24 people have been killed and more than 1,000 wounded in the war. Israeli strikes on Iran have killed at least 974 people and wounded 3,458 others, according to the Washington-based group Human Rights Activists.

The group, which has provided detailed casualty figures from Iranian unrest such as the protests surrounding the death of Mahsa Amini in 2022, said of those killed, it identified 387 civilians and 268 security force personnel.

The U.S. has evacuated some 250 American citizens and their immediate family members from Israel by government, military and charter flights that began over the weekend, a State Department official said.

There are roughly 700,000 American citizens, most of them dual U.S.-Israeli citizens, believed to be in Israel.

___

Lidman reported from Tel Aviv, Israel. Associated Press writers Josef Federman in Jerusalem, Qassim Abdul-Zahra in Baghdad, Abby Sewell in Beirut, Elise Morton in London, Geir Moulson in Berlin, Ella Joyner in Brussels, Edith M. Lederer at the United Nations and Stephanie Liechtenstein in Vienna contributed to this report.

Analysts warn baby boomers’ retirement pushes social security toward crisis

Analysts warn baby boomers’ retirement pushes social security toward crisis

RALEIGH, N.C. (WPTF) — Just a few decades ago, baby boomers were the financial engine powering the U.S. Social Security system. Now, as that generation retires in waves, the very program they sustained is running on fumes.

CBS News Business Analyst Jill Schlesinger says the social security board of trustees said they have a big financial problem with the system.

“To be clear, we have a system where the number of people working right now pay benefits out to the people who are retiring,” Schlesinger explained. “For many years while those baby boomers were working, there were so many of them we built up extra money in the system—that was called the surplus. Now that all those baby boomers are retiring, that surplus is disappearing.”

That disappearing cushion spells trouble. According to the Social Security Board of Trustees, the program could start falling short as soon as 2033—just eight years away. If Congress fails to act, automatic benefit cuts could go into effect, reducing monthly payouts by roughly 25%.

“This is really important gang, I know it seems like ‘oh it’s so far off’ and for many years it did feel far off but now we have seven or eight years to basically say to congress ‘hey, fix the system,'” said Schlesinger.

Schlesinger says she knows it sounds very polisci 101 of her to say, but people need to use their voice to make a change here. If these benefits are cut, people may need to potentially change how they live. In this case, the sky is really about to fall and we need to fix it as the clock is ticking.

“Political pressure will make this go to the front-burner, right now it’s on the back-burner,” said Schlesinger. “If you’re a legislator, you don’t want to be the one who’s like ‘oh yeah we raised social security taxes, oh yeah.’ In order to fix the system, which we should have done years and years ago, now we are forced to do it. You know when you have to do that? When everyone says ‘we’ll boot you out of office unless you do it.'”

Schlesinger urges Americans to get informed and get involved.

“You personally should go to SSA.gov, make sure you’ve created an account there, and look at your projected benefits. If you really want to be on top of this you would look at these benefits and you would say ‘hey, what would happen if I had a 20-to-25% reduction of these benefits. Oh my goodness, maybe I don’t want to put in a new bathroom, maybe I want to put a little extra money in my 401k’,” said Schlesinger

With time running out, experts say the future of Social Security now depends on both legislative action and public pressure. Without both, a system once seen as a safety net may soon come up short.

Stocks rally and oil tumbles as Wall Street hopes for a limited retaliation after US strikes on Iran

Stocks rally and oil tumbles as Wall Street hopes for a limited retaliation after US strikes on Iran

By STAN CHOE, ELAINE KURTENBACH and BERNARD CONDON AP Business Writers

NEW YORK (AP) — U.S. stocks rallied, and the price of oil tumbled Monday on hopes that Iran will not disrupt the global flow of crude, something that would hurt economies worldwide but also its own, following the United States’ bunker-busting entry into its war with Israel.

The S&P 500 climbed 1%, coming off a week where stock prices had jumped up and down on worries about the conflict potentially escalating. The Dow Jones Industrial Average added 374 points, or 0.9%, and the Nasdaq composite gained 0.9%.

The price of oil initially jumped 6% after trading began Sunday night, a signal of rising worries as investors got their first chance to react to the U.S. bombings. But it quickly erased all those gains and swung to a sharp loss as the focus shifted from what the U.S. military did to how Iran would react.

By late Monday, the price of a barrel of benchmark U.S. oil had dropped 7.2% to settle at $68.51 after briefly topping $78. That brought it nearly all the way back to where it was before the fighting began over a week ago, when it was sitting just above $68.

The losses accelerated sharply after Iran announced a missile attack on Al Udeid Air Base in Qatar, which the U.S. military uses. Iran said it matched the number of bombs dropped by the United States on Iranian nuclear sites this past weekend, which could be a signal of a desire to deescalate the conflict.

Perhaps most importantly for financial markets, Iran’s retaliation did not seem to target the flow of oil. The fear throughout the Israel-Iran war has been that it could squeeze the world’s supply of oil, which would pump up prices for it, gasoline and other products refined from crude.

Iran is a major producer of crude, and it could also try to block the Strait of Hormuz off its coast, through which 20% of the world’s daily oil needs passes on ships.

Several analysts said Iran would likely not close the waterway because Iran itself uses the strait to move its own crude, mostly to China, and it needs the revenue made from such sales of oil.

“It’s a scorched earth possibility, a Sherman-burning-Atlanta move,” said Tom Kloza, chief market analyst at Turner Mason & Co. “It’s not probable.”

Neil Newman, managing director of Atris Advisory Japan, said hope remains that the Israel-Iran war could be a short conflict, with the thinking being “the one big hit by the Americans will be effective and then we’ll get back to sort of business as usual, in which case there is no need for an immediate, panicky type of reaction.”

Of course, not everyone is sure about Iran’s next move.

Andy Lipow, a Houston analyst covering oil markets for 45 years, said countries are not always rational actors and that he wouldn’t be surprised if Tehran lashed out for political or emotional reasons.

“If the Strait of Hormuz was completely shut down, oil prices would rise to $120 to $130 a barrel,” said Lipow.

“It would mean higher prices for all those goods transported by truck, and it would be more difficult for the Fed to lower interest rates.”

The Federal Reserve has been hesitant to cut interest rates this year because it’s waiting to see how much President Donald Trump’s tariffs will hurt the economy and raise inflation.

Inflation has remained relatively tame recently, but a rise in oil and gasoline prices would put upward pressure on it. That in turn could keep the Fed on hold because cuts to rates can fan inflation higher, along with giving the economy a boost.

In the bond market, Treasury yields eased after Fed Gov. Michelle Bowman said she would support cutting rates at the Fed’s next meeting in just a month, as long as “inflation pressures remain contained.”

The yield on the 10-year Treasury fell to 4.33% from 4.38% late Friday. The two-year Treasury yield, which more closely tracks expectations for the Fed, dropped to 3.84% from 3.90%.

On Wall Street, Elon Musk’s Tesla was the single strongest force pushing the S&P 500 higher after jumping 8.2%. The electric-vehicle company began a test run on Sunday of a small squad of self-driving cabs in Austin, Texas. It’s something that Musk has long been touting and integral to Tesla’s stock price being as high as it is.

Hims & Hers Health tumbled 34.6% after Novo Nordisk said it will no longer work with the company to sell its popular Wegovy obesity drug. Novo Nordisk’s stock that trades in the United States fell 5.5%.

All told, the S&P 500 rose 57.33 points to 6,025.17. The Dow Jones Industrial Average added 374.96 to 42,581.78, and the Nasdaq composite gained 183.56 to 19,630.97.

In stock markets abroad, indexes fell modestly across Europe after finishing mixed in Asia. France’s CAC 40 sank 0.7%, and Hong Kong’s Hang Seng rose 0.7% for two of the world’s bigger moves.

___

Kurtenbach contributed from Bangkok. AP video journalist Mayuko Ono in Tokyo and AP Business Writer Matt Ott in Washington contributed.

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