Traders work on the floor of the New York Stock Exchange during morning trading on March 10, 2026 in New York City. Stocks continued to slide at the opening due to the war in Iran and oil prices hovering around $90 per barrel. (Photo by Michael M. Santiago/Getty Images)
(NEW YORK) — The Dow Jones Industrial Average closed down more than 700 points on Thursday as global oil prices spiked above $100 a barrel.
The Dow plunged 730 points, or 1.5%, while the S&P 500 dropped 1.5%. The tech-heavy Nasdaq declined 1.7%.
A selloff hit Wall Street as traders feared economic fallout from a potentially prolonged bout of elevated oil prices amid the U.S.-Israeli war with Iran.
Oil markets are suffering a major supply shortage due to an Iranian blockade of the Strait of Hormuz, a trading route that facilitates the transport of about one-fifth of the global oil supply.
Global crude oil prices hovered at about $101 per barrel on Thursday, which marked a 9% increase from a day earlier. Oil prices have soared 49% over the past month.
Prices at the pump have also soared. U.S. gasoline prices jumped to $3.59 on Thursday from $2.94 a month earlier, AAA data showed.
Indexes fell worldwide on Thursday as the jump in oil prices rippled through global markets. Tokyo’s Nikkei 225 index dropped 1.2%, while pan-European STOXX 600 index slipped 0.5%.
In recent days, President Donald Trump has voiced mixed messages about how the White House may address oil prices and related cost woes.
Trump has indicated the war may end soon, but he has also threatened to escalate the conflict if Iran continues to impede tanker traffic in the Strait of Hormuz.
“The United States is the largest Oil Producer in the World, by far, so when oil prices go up, we make a lot of money. BUT, of far greater interest and importance to me, as President, is stoping an evil Empire, Iran, from having Nuclear Weapons, and destroying the Middle East and, indeed, the World,” Trump said.
In a social media post on Thursday morning, Trump downplayed the rising oil prices, saying they would financially benefit the U.S.
In his first purported message, Mojtaba Khamenei, the newly installed supreme leader of Iran, on Thursday addressed the importance of the Strait of Hormuz.
Khamenei said the closure of the shipping route must be sustained as a “tool to pressure the enemy,” according to CNBC.
This is a developing story. Please check back for updates.
(WEST BLOOMFIELD, Mich.) — A suspect is dead after a shooting and vehicle ramming incident at a synagogue in West Bloomfield, Michigan, law enforcement sources told ABC News.
No injuries have been confirmed, Oakland County Sheriff Michael Bouchard said.
Preliminary information is that this was an intentional vehicle ramming, sources briefed on the investigation told ABC News.
According to the sources, the driver was seen steering around security bollards, and caused a fire when colliding the car into the building’s front doors.
The suspect was then engaged by synagogue security, the sheriff said.
The Michigan State Police said it’s urging residents to stay away from the area and said police are increasing patrols at other places of worship in the area.
The Jewish Federation of Detroit said in a statement, “We are aware of an active security incident at Temple Israel. Law enforcement are responding. Our Jewish agencies are currently in precautionary lockdown.”
Michigan Gov. Gretchen Whitmer said in a statement, “This is heartbreaking. Michigan’s Jewish community should be able to live and practice their faith in peace.”
“I am hoping for everyone’s safety,” she added.
In New York City, the NYPD said it’s continuing to deploy officers to synagogues and other Jewish institutions “out of an abundance of caution.”
This is a developing story. Please check back for updates.
(WEST BLOOMFIELD, Mich.) — Authorities are responding after shots were fired at a synagogue in West Bloomfield, Michigan, according to the Oakland County Sheriff’s Office.
FBI Director Kash Patel described the incident as an “apparent vehicle ramming and active shooter situation” at Temple Israel.
No injuries have been confirmed, Oakland County Sheriff Michael Bouchard said.
The suspect came to the synagogue and was engaged by synagogue security, the sheriff said, adding that the suspect is not in custody at this time.
Preliminary information is that this was an intentional vehicle ramming, sources briefed on the investigation told ABC News.
According to the sources, the driver was seen steering around security bollards, and caused a fire when colliding the car into the building’s front doors.
The Michigan State Police said it’s urging residents to stay away from the area and said police are increasing patrols at other places of worship in the area.
The Jewish Federation of Detroit said in a statement, “We are aware of an active security incident at Temple Israel. Law enforcement are responding. Our Jewish agencies are currently in precautionary lockdown.”
Michigan Gov. Gretchen Whitmer said in a statement, “This is heartbreaking. Michigan’s Jewish community should be able to live and practice their faith in peace.”
“I am hoping for everyone’s safety,” she added.
This is a developing story. Please check back for updates.
Smoke from a building in the center of the city which has been hit by the IDF after an evacuation order on March 12, 2026 in Beirut, Lebanon. (Adri Salido/Getty Images)
(NEW YORK) — As Israel continued striking Beirut on Thursday, Israel’s military is preparing to expand its activity in Lebanon, Israel Defense Minister Israel Katz said.
The IDF issued a new evacuation order on Thursday, expanding the area in the south of Lebanon from which residents have been told to leave. The area now extends past the Litani River, all the way to the Zahrani River.
“I warned the Lebanese president that if the Lebanese government does not know how to control the territory and prevent Hezbollah from threatening the northern communities and firing at Israel — we will take the territory and do it ourselves,” Katz said in remarks at a military operations center in Tel Aviv.
“The prime minister and I instructed the [Israel Defense Forces] to prepare to expand IDF activity in Lebanon and restore peace and security to the northern communities,” Katz added.
The expanded evacuation order now includes the city of Nabatieh, with a population of at least 35,000 people.
Overnight, Israeli strikes hit Beirut’s Corniche, a seafront area where many had evacuated to, following orders by the IDF to leave southern Beirut neighborhoods, a Hezbollah stronghold that the IDF has been striking and bombing in the past 12 days. At least eight people have died and dozens more were injured in the strikes, according to Lebanon’s Ministry of Public Health.
“The IDF continues to conduct extensive waves of strikes from the air and sea in the Beirut area against the Hezbollah terrorist organization … Among the targets struck were terrorist infrastructure, weapons storage facilities, central headquarters, and the IRGC Air Force headquarters in Beirut,” the IDF said in a statement Thursday.
Around 800,000 have now been driven from their homes in southern Lebanon and Beirut, according to Lebanese officials.
The Israeli military had issued an urgent evacuation notice for parts of southern Lebanon, including Beirut, on Wednesday, days after first ordering the evacuation of residents from southern Lebanon.
The two have continued to trade fire since Israel last week began carrying out intensified attacks targeting Hezbollah, Iran’s proxy force in Lebanon, following its strikes on Iran.
On Wednesday, Hezbollah announced a new operation against its neighbor, launching dozens of rockets.
Israel has responded with an intense bombardment of the Beirut suburb of Dahiyeh.
The Israel Defense Forces said Wednesday it began a “large-scale wave of strikes on Hezbollah infrastructure” after issuing an “urgent and dangerous” evacuation alert for the area.
In an update late Wednesday, the IDF said it had struck 10 Hezbollah facilities in Dahieh in 30 minutes, including an intelligence headquarters and command centers.
Since March 2, when Israel began issuing evacuation warnings amid its airstrikes, over 630 people have been killed and nearly 1,600 injured in Lebanon, according to the Lebanese health ministry.
Rep. James Clyburn (D-SC) speaks to a crowd during a fundraising event with the South Carolina Democratic Party at the Columbia Museum of Art on February 27, 2026 in Columbia, South Carolina. T (Photo by Sean Rayford/Getty Images)
(WASHINGTON) — Longtime Democratic Rep. Jim Clyburn told ABC News on Thursday that he is running for reelection, not announcing his retirement.
Clyburn, 85, later made the announcement official at South Carolina Democratic Party HQ in Columbia, where he promised to mount a “vigorous campaign” as he pursues an 18th term in the House of Representatives.
Amid speculation that he may opt to retire, the former House majority whip admitted he seriously considered it and consulted with his three daughters and polled constituents. He said the message he received was, “We don’t want you to leave.”
“So, I’m responding to the people down here,” Clyburn said.
After more than 33 years in the House, what is left unfinished for Clyburn to accomplish?
“We exist in pursuit of a more perfect union,” Clyburn said. “There’s nobody here today who thinks that this country is perfect. It is not a perfect country. But I don’t think there’s anybody today who believe that we should give up on that pursuit of perfection, and I’m here today to say I do believe that I’m very well equipped and healthy enough to move into the next term, trying to do the things that are necessary to continue that pursuit of perfection.”
Clyburn’s potential reelection would push his political survival beyond Democratic Reps. Nancy Pelosi and Steny Hoyer, who are retiring at the end of the current term on Jan. 3, 2027.
House Minority Leader Hakeem Jeffries and House Democrats need a net gain of just three seats to seize the majority in November’s midterm elections.
“He was among those who asked me to stay,” Clyburn said of Jeffries. “He expressed an interest in my being a part of his leadership if he were to take the House back.”
Clyburn helped propel former President Joe Biden to the White House in 2020, throwing his endorsement behind Biden days before the South Carolina primary after three consecutive primary victories by Bernie Sanders as a field of Democrats vied for the party nomination.
Biden awarded Clyburn with the Presidential Medal of Freedom in 2024.
“Always grounded in faith, family and service, Jim has guided South Carolina and our country with a steady hand and honest heart for over the last half century,” Biden said. “I would not be standing here as president making these awards were it not for Jim. I mean that sincerely.”
Clyburn on Thursday would not say whether, if he is reelected, it would be his final term.
“This could very well be my last term, and it could very well not be,” Clyburn said. “We’ll just see how things go.”
Clyburn’s announcement comes as an increasing number of members of Congress are retiring, including Pelosi, 85, Hoyer, 86, and Republican Sen. Mitch McConnell, 84.
Clyburn said in a 2021 interview with Axios that there is a path for the next generation and that if they wanted his seat, to “come get it.”
“The path is there for the next generation; I never asked anyone to die for me. I don’t know why people come saying you need to step aside for me. No. If you want my seat, come get it,” Clyburn said at the time.
Still, the U.S. Congress has gotten younger as a whole, according to a Pew Research Center analysis of representatives and senators who took office at the start of the 119th Congress.
The median age of voting members of the House of Representatives is now 57.5 years. That’s down from 57.9 at the start of the 118th Congress (2023-2025), 58.9 in the 117th Congress (2021-2023).
The Senate, following the death or retirement of some of its oldest members, has begun to reverse its aging trend. The new Senate’s median age is 64.7 years, down from 65.3 at the start of the previous Congress.
Federal Bureau of Investigation (FBI) Director Kash Patel delivers remarks on an arrest connected to the 2012 U.S. Embassy attack in Benghazi, at the Department of Justice on February 6, 2026 in Washington, DC. (Kevin Dietsch/Getty Images)
(WASHINGTON) — The UFC will host training sessions at the FBI Academy in Quantico, Virginia, this weekend, the mixed martial arts promotion and FBI announced on Thursday.
FBI Director Kash Patel has long been a UFC fan and talked about doing this type of training in one of his first calls with staff at the FBI.
“I’m thrilled to announce this historic seminar between the FBI and the UFC at Quantico,” Patel said in a statement. “This is a tremendous opportunity for our FBI agents to learn and train with some of the greatest athletes on earth — helping the world’s premier law enforcement agency be even better prepared to protect the American people.”
The seminars will be on March 14 and 15 and will be led by current and former UFC fighters, including one champion, UFC said.
“I have tremendous respect for the FBI and the work they do every day to protect this country,” UFC CEO Dana White said in a statement. “Our UFC fighters are some of the baddest men and women on the planet and they are heading to Quantico to train the best FBI agents in mixed martial arts. It’s an incredible opportunity for our athletes to experience, and we’re proud to support the FBI in strengthening their defense techniques.”
UFC fighters taking part in this weekend’s training include current interim UFC lightweight champion Justin Gaethe, the first UFC BMF champion Jorge Masvidal, former UFC middleweight champion Chris Weidman, former UFC strawweight title challenger Claudia Gadelha, former UFC lightweight title challenger Michael Chandler, top UFC flyweight contender Manel Kape and mixed martial arts legend Renzo Gracie, the UFC said.
“This collaboration is part of an overall initiative by the FBI to provide its agents with exciting, innovative training options and to constantly look for opportunities to revamp and improve their preparation to continue to be the best of the best,” the FBI said in a release.
The FBI did not say what type of training would be conducted.
The Trump administration and UFC relationship is not new. Trump has attended multiple fights in recent years and the White House is hosting a UFC fight on the Ellipse later this year.
The White House-UFC event, which has been named UFC Freedom Fights 250, is June 14, which is also President Donald Trump’s 80th birthday. The event is also meant to celebrate the United States’ 250th anniversary.
In this photo released by the Norfolk Police Department, first responders are shown at the scene of a shooting at Old Dominion University in Norfolk, Virginia, on March 12, 2026. (Norfolk Police Department)
(NORFOLK, Va.) — Two people are injured and a gunman is dead following a shooting at Old Dominion University in Norfolk, Virginia, on Thursday, according to an alert from the university.
The gunman opened fire in Constant Hall, an academic building, around 10:49 a.m., the university alert said.
The injured victims have been taken to a local hospital, the school said.
The school did not say how the gunman died.
Classes are canceled for the rest of the day, the university said.
This is a developing story. Please check back for updates.
Rep. James Clyburn (D-SC) speaks to a crowd during a fundraising event with the South Carolina Democratic Party at the Columbia Museum of Art on February 27, 2026 in Columbia, South Carolina. T (Photo by Sean Rayford/Getty Images)
(WASHINGTON) — Rep. Jim Clyburn, a South Carolina Democrat, told ABC News on Thursday that he is running for reelection, not announcing his retirement.
Clyburn, who took office in the House in 1993, is set to appear at South Carolina Democratic Party HQ in Columbia at 10:30 a.m. to make his campaign announcement.
This is a developing story. Please check back for updates.
raders work on the floor of the New York Stock Exchange during morning trading on March 10, 2026 in New York City. Stocks continued to slide at the opening due to the war in Iran and oil prices hovering around $90 per barrel. (Photo by Michael M. Santiago/Getty Images)
(NEW YORK) — Oil prices surged and stocks tumbled worldwide in early trading on Thursday as Iran escalated shipping attacks in a critical tanker route.
Global crude spiked above $100 a barrel on Thursday before settling slightly below that key benchmark. The rise in oil prices defied a U.S. effort hours earlier to reassure markets with an announcement of the second-largest ever release from the nation’s petroleum reserve.
A selloff hit Wall Street as traders feared economic fallout from a potentially prolonged bout of elevated oil prices.
The Dow Jones Industrial Average fell 550 points, or 1.1%, while the S&P 500 dropped 0.8%. The tech-heavy Nasdaq declined 0.8%.
Oil markets are suffering a major supply shortage due to the near-closure of the Strait of Hormuz, a trading route that facilitates the transport of about one-fifth of the global oil supply.
This is a developing story. Please check back for updates.
Nile Monitor lizard (1001slide/STOCK PHOTO/Getty Images)
(FLORIDA) — Another giant reptile is clawing its way toward disrupting the South Florida ecosystem as an invasive species.
The Nile monitor — a semi-aquatic lizard equipped with razor claws that can grow up to 6 feet — has been establishing populations in the area since the 1980s, according to ecology experts.
Endemic to the Nile river delta in Sub-Saharan Africa, the continent’s largest lizards arrived in Florida via the pet trade, through both intentional and unintentional release, Frank Mazzotti, a professor of wildlife ecology at the University of Florida, told ABC News.
“They’re very wild, they’re very active,” Mazzotti said. “They don’t make good pets at all. They don’t calm down.”
The temperament of the giant lizards also makes them difficult to catch. Mazzotti described Nile monitors as “very strong” and “very aggressive.”
The reptiles will put up a fight and even bite humans who attempt to make contact with them, Mazzotti said.
“They’re crazy,” he said. “They’re very hard to handle, and you have to take great care that they don’t escape and that you don’t get bit.”
Monitor lizards are one of the high priority nonnative species for removal due to their potential impacts on native wildlife, Lisa Thompson, a communications specialist for the Florida Fish and Wildlife Conservation Commission (FWC) Division of Habitat and Species Conservation, told ABC News via email.
Current management approaches focus on containing established populations and preventing the establishment of new populations, as well as recurring surveys and removals, Thompson noted.
Nile monitors are now established in Lee and Palm Beach Counties, with multiple sightings in Broward County as well. The FWC is also monitoring observations of the species in Miami-Dade County, according to Thompson.
The state’s humidity allows the Nile monitors to thrive, Mazzotti said.
“Their habitat requirements are met,” he said. “The climate’s a match.”
In addition, their diverse diet and ability to travel over land and in fresh and saltwater allows for potential establishment throughout Florida, especially in coastal areas with mangroves and salt marshes.
South Florida’s extensive canal system can provide ample corridor, and they have a high reproduction rate, according to the FWC.
The giant lizards are “generalist” feeders, meaning they aren’t picky about what they eat, Mazzotti said.
They have been observed to eat crabs, crayfish, mussels, snails, slugs, termites, caterpillars, beetles, spiders, grasshoppers and crickets, fish, frogs, toads, lizards, turtles, snakes, young crocodiles and other reptiles, birds and their eggs and small mammals, according to the FWC. They can hunt for prey on the surface, below ground and in trees.
Some researchers have even observed them eating iguana eggs, Mazzotti noted.
“They don’t care what they eat,” he said.
Due to their generalist diet, the invasive reptile could impact state and federally listed threatened species, including sea turtles, wading birds, gopher tortoises and the American crocodile, according to the FWC.
Biologists and ecologists are also concerned about burrowing owls, as their largest population also occurs where the largest known Nile monitor population also occurs.
Nile monitors are not protected in Florida, except by anti-cruelty laws, and can be humanely killed on private property with the landowner’s permission, according to the FWC.
It was added to Florida’s Prohibited Nonnative Species List in April 2021, which limits possession of Nile monitors for the purposes of research, educational exhibition, control or eradication.
Nile monitors are often olive green to black in color and have stripes on their jaw and head. They also have yellow-ish V-shaped stripes that begin at the base of its skull and neck and transform into “bands” along their back, according to the FWC.
They are often seen in or close to water and basking on rocks and branches, wildlife experts say.
The reptiles are usually active during the day and sleep on branches or submerged in water at night.
When temperatures drop, Nile monitors will retreat to burrows to keep warm, the FWC noted.
While they have not yet had demonstrated impacts on the ecosystem, it’s important to keep populations of Nile monitors under control before they disrupt an already delicate environment, Mazzotti said.
“You cannot wait until an invasive species has demonstrated its impact upon the ecosystem,” he said. “Because if you do, then it’s too late.”
