Oil prices surge and stocks fall as Iran escalates shipping attacks

Oil prices surge and stocks fall as Iran escalates shipping attacks
Oil prices surge and stocks fall as Iran escalates shipping attacks
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.

Copyright © 2026, ABC Audio. All rights reserved.

In brief: Will Ferrell Netflix comedy series to be called ‘The Hawk’ and more

In brief: Will Ferrell Netflix comedy series to be called ‘The Hawk’ and more
In brief: Will Ferrell Netflix comedy series to be called ‘The Hawk’ and more

Will Ferrell’s upcoming golf comedy series now has a title, release window and teaser video. Netflix has announced that the series is titled The Hawk. It will debut to the streamer in summer 2026. The Hawk follows a golf legend named Lonnie “The Hawk” Hawkins who’s attempting to get back onto the PGA Tour for one more go-around …

We now know when the animated series Rick and Morty will return with its ninth season on Adult Swim. The show will premiere season 9 on May 24. Its official logline reads, “Rick and Morty is back, baby! Season Nine is all certified bangers. No AI slop! Just Grade A organic slop, made by real humans with real human traits like back hair and cysts. Please watch, or we’ll have neglected our families for nothing.” …

Barbra Streisand is going to be honored with an honorary Palme d’or at the 79th Cannes Film Festival. The actress, director, producer and singer will be awarded with the honor during the festival’s awards ceremony on May 23. “It is with a sense of pride and deep humility, that I’m honored to join the company of past Honorary Palme d’or recipients whose work has long inspired me,” Streisand said in a press release. “In these challenging times, movies have the ability to open our hearts and minds to stories that reflect our shared humanity, and to perspectives that remind us of both our fragility and our resilience. Cinema transcends borders and politics, and affirms the power of imagination to shape a more compassionate world.” …

Copyright © 2026, ABC Audio. All rights reserved.

Scoreboard roundup — 3/11/26

Scoreboard roundup — 3/11/26
Scoreboard roundup — 3/11/26

(NEW YORK) — Here are the scores from Wednessday’s sports events:

NATIONAL BASKETBALL ASSOCIATION
Cavaliers 122, Magic 128
Raptors 111, Pelicans 122
Knicks 134, Jazz 117
Rockets 93, Nuggets 129
Hornets 117, Kings 109
Timberwolves 128, Clippers 153

NATIONAL HOCKEY LEAGUE
Canadiens 3, Senators 2
Capitals 1, Flyers 4

Copyright © 2026, ABC Audio. All rights reserved.

Carly Pearce previews her Riley Green duet ahead of Friday drop

Carly Pearce previews her Riley Green duet ahead of Friday drop
Carly Pearce previews her Riley Green duet ahead of Friday drop
Carly Pearce & Riley Green’s “If I Don’t Leave I’m Gonna Stay” (Blue Highway Records)

Carly Pearce and Riley Green bring a simmering intensity to their vocals in the first preview of their duet, “If I Don’t Leave I’m Gonna Stay,” which officially drops Friday. 

“We’re getting close to losing clothes, I should go/ Look at the time, it’s getting late/ If I don’t leave, I’m gonna stay,” Carly sings as Riley adds harmony to the Dobro-heavy track. 

From the beginning, Carly had no question about who the other voice on the song should be. 

“I’ve always said this about the duets that I’ve been part of, but I just hear the voice in my head immediately,” she says. “And Riley was the voice that I heard, and I sent him a text and I said, ‘Hey, I don’t know if you will like this song and I’m sure you get asked to do a lot of things, but I really feel like this song is special.'”

Riley wasted little time getting back to her. 

“Truly, within five minutes, he texted me back and told me that he was in,” Carly says. “And about an hour later, I got a voice memo of him singing the chorus and I knew immediately that it was gonna be special.”

Carly and Riley both have stellar records when it comes to collabs. “I Hope You’re Happy Now” with Lee Brice and “Never Wanted to Be That Girl” with Ashley McBryde both went to #1 for Carly, while Riley can count “Half of Me” with Thomas Rhett, “Different Round Here” with Luke Combs, and “you look like you love me” and “Don’t Mind If I Do” with Ella Langley as his collaborative chart-toppers.

Copyright © 2026, ABC Audio. All rights reserved.

Road to the Oscars 2026: ‘Hamnet’ director Chloé Zhao says awards recognition is ‘an amazing feeling’

Road to the Oscars 2026: ‘Hamnet’ director Chloé Zhao says awards recognition is ‘an amazing feeling’
Road to the Oscars 2026: ‘Hamnet’ director Chloé Zhao says awards recognition is ‘an amazing feeling’
Director Chloé Zhao with actors Paul Mescal and Jessie Buckley on the set of their film, ‘Hamnet.’ (Agata Grzybowska/Focus Features)

Chloé Zhao has been through the awards circuit before, winning the best picture and best director Oscars in 2021 for Nomadland. Now, she’s up for three Oscars for Hamnet: best picture, best director and best adapted screenplay alongside author Maggie O’Farrell.

Hamnet, an emotional drama about how love and loss in William Shakespeare’s (Paul Mescal) personal life helped shape his enduring classic Hamlet, scored eight nods overall — including projected favorite Jessie Buckley for best actress.

Zhao tells ABC Audio awards recognition is validating as a storyteller who just wants to be seen and heard.

“When it comes to awards or things like that, and this gathering of people celebrating your work, there is an element of that — of feeling validated, of feeling seen,” she says. “And of course, you need to be careful of how far you’re gonna allow that to be the only source of validation.”

“But I’m not cynical about it,” she adds, “because to be seen and celebrated and validated by your peers, which is very much a found family for me, is an amazing feeling.”

Equally as important to Zhao has been the audience’s emotional response to the film.

“It feels like a relief, first and foremost, because we were feeling so much every day,” she says. “Even when the cameras aren’t rolling, we were feeling so much for each other and learning about ourselves. So, it would kind of suck if no one else is feeling that way but us.”

The 2026 Oscars will air on Sunday at 7 p.m. ET on ABC.

Copyright © 2026, ABC Audio. All rights reserved.

Dribble Show: Twenty One Pilots playing 2026 NCAA March Madness Music Festival

Dribble Show: Twenty One Pilots playing 2026 NCAA March Madness Music Festival
Dribble Show: Twenty One Pilots playing 2026 NCAA March Madness Music Festival
Twenty One Pilots at 2025 Rock & Roll Hall of Fame induction ceremony. (Disney/Cristian Lopez)

Twenty One Pilots are performing at the 2026 NCAA March Madness Music Festival, taking place April 3-5 in Indianapolis.

The “Stressed Out” duo will take the stage during the AT&T Block Party, which is held April 3.

Entry to the concert is free, and you can also watch it streaming via NCAA.com.

The March Madness Music Festival coincides with the Final Four of the NCAA men’s college basketball tournament.

You can also catch Twenty One Pilots at the upcoming Shaky Knees and Oceans Calling festivals, taking place in September.

Copyright © 2026, ABC Audio. All rights reserved.

Pharrell, Slick Rick to be honored at 2026 MOBO Awards

Pharrell, Slick Rick to be honored at 2026 MOBO Awards
Pharrell, Slick Rick to be honored at 2026 MOBO Awards
Pharrell attends the 2025 Footwear News Achievement Awards at Cipriani 25 Broadway on December 03, 2025, in New York City. (Photo by Taylor Hill/WireImage)

Pharrell and Slick Rick will be honored at the 2026 MOBO Awards, a British awards show that celebrates achievements in hip-hop, grime, R&B, soul, reggae and jazz.

Pharrell will be recognized for his songwriting, as he is set to receive the global songwriter award. “From era-defining productions to timeless global hits, Pharrell’s songwriting has shaped the sound of modern music and influenced generations of artists around the world,” the awards show’s Instagram announced Wednesday. “This honour celebrates a career built on creativity, innovation and an unmistakable musical legacy.”

Slick Rick has been named this year’s MOBO lifetime achievement award recipient. He’ll receive his flowers for the decades spent “shaping the culture with his storytelling, distinct style and unmistakable voice,” according to a post on the show’s Instagram.

The MOBO Awards will take place March 26 at Manchester’s Co-op Live with comedian Eddie Kadi and rapper Eve set to serve as hosts. The event, which marks its 30th anniversary, will also feature performances by Shenseea and Estelle.

Copyright © 2026, ABC Audio. All rights reserved.

Randy Blythe tackles ‘existential angst’ with help from The Cure on new Lamb of God album

Randy Blythe tackles ‘existential angst’ with help from The Cure on new Lamb of God album
Randy Blythe tackles ‘existential angst’ with help from The Cure on new Lamb of God album
‘Into Oblivion’ album artwork. (Epic Records)

As Lamb of God readies their milestone 10th studio album with Into Oblivion — 12th if you count the two they released as Burn the Priest — frontman Randy Blythe considers each record a snapshot of the time in which it was made.

“It’s a picture of a moment in time, of where we were as a band, as human beings, as musicians,” Blythe tells ABC Audio.

That picture often includes Blythe’s commentary on the sociopolitical status of the time — 2004’s Ashes of the Wake, for example, reflects the U.S. under the George W. Bush administration, and Into Oblivion similarly comments on the second term of President Donald Trump. But while Blythe’s used big, landmark events such as the Iraq War to center his writing in the past, he refers to Trump as an “agent of chaos,” making him harder to write about.

“He governs by tweet,” Blythe laughs. “I don’t think he knows what he’s gonna do when he wakes up in the morning.”

He continues, “How are you supposed to have a cohesive picture when you sit down and you’re like, OK, if I write about this, by the time you get your finger firmly on any one issue, it has shifted.”

One thing that did help Blythe organize his thoughts was The Cure’s 2024 comeback album, Songs of a Lost World.

“On the night of the presidential election, I rode home the listening to the new Cure record on these back country roads,” Blythe says. “[It was a] very gothic atmosphere, and a sort of gothic overhanging atmosphere over the national psyche.”

After that, Blythe started to write the lyrics to the Into Oblivion song “Sepsis.”

“There’s an existential angst to the record, I think,” Blythe says. “At least my contribution to it.”

Into Oblivion drops Friday.

Copyright © 2026, ABC Audio. All rights reserved.

After Grammys malfunction, Alex Warren thought his career was ‘over’

After Grammys malfunction, Alex Warren thought his career was ‘over’
After Grammys malfunction, Alex Warren thought his career was ‘over’
Alex Warren performs at The 68th Annual Grammy Awards (Stewart Cook/CBS ©2026 CBS Broadcasting, Inc.)

Alex Warren’s night at the Grammys should have been a career high for him, but instead his performance of “Ordinary” was marred by technical difficulties. He was so down that he was convinced he was finished in the music industry.

On the latest episode of the Call Her Daddy podcast, Alex tells host Alex Cooper that he was distraught after the performance.

“I did not want to look up. I did not want to talk to anybody. … It was really bad,” he says. “I literally over and over and over again said, ‘My career is over.'”

After posting a video explaining to fans what had happened, Alex deleted Twitter and all social media apps from his phone because he didn’t want to see what people were saying about him. When he finally checked in, he saw the video had “50 or 60 million views,” and everyone was supportive.

But what made him feel better, he says, was the support of his fellow artists, especially Chappell Roan. “She came up to me and she was, she was like, ‘Dude, like, if anyone understands, it’s the people in this room and you sounded amazing.’ … [She] was the sweetest ever and I was like, ‘I love you.'”

Alex also says Noah Kahan and Billie Eilish were very kind and sweet to him, but what finally pulled him out of his depression was a call from Grammy-winning singer Laufey.

“She gave me the coolest pep talk in the world,” Alex says. “Laufey called me and was just like, ‘I’m so proud of you. You don’t realize how many people you just helped. Imagine every kid who … does a talent show … and this happens to them and they think, “Wow, this can happen at the Grammys.”‘”

“I think it gives someone some motivation, and know that it’s OK and that stuff happens.”

Copyright © 2026, ABC Audio. All rights reserved.

Foreigner releasing live performance of ‘Urgent’ featuring singer Luis Maldonado

Foreigner releasing live performance of ‘Urgent’ featuring singer Luis Maldonado
Foreigner releasing live performance of ‘Urgent’ featuring singer Luis Maldonado
Current members of Foreigner (photo credit: Krishta Abruzzini)

Foreigner is set to release a live version of their iconic track “Urgent,” featuring new lead singer Luis Maldonado.

The band announced that they’ll be releasing “Urgent (Live in Halifax 2025)” to streaming platforms on March 20. The song was previously only available on YouTube

“Urgent is one of the most powerful songs we perform in our set. It always gets people up and engaged with the band. We take no prisoners when we play,” says Maldonado. “So with Urgent’s strong and steady beat, and [its] ‘catchy as hell’ melodies, it stands as a highlight of the evening.”

The performance was recorded during Maldonado’s first tour as the band’s frontman. He took over duties in October, replacing Kelly Hansen, who retired after 20 years with the band.

Foreigner is in the midst of their orchestral residency at The Venetian Theatre in Las Vegas, with the next show on Friday. They are also scheduled to perform the national anthem Sunday at the Pennzoil 400 NASCAR race at the Las Vegas Motor Speedway.

This summer they’ll hit the road with Lynyrd Skynyrd on the Double Trouble Double Vision Tour, which starts July 23 in Atlanta.

A complete list of dates can be found at Foriegneronline.com.

Copyright © 2026, ABC Audio. All rights reserved.