Israel's attacks in Lebanon threaten ceasefire. Iran鈥檚 semiofficial news agencies have published a chart suggesting the Revolutionary Guard placed sea mines in the Strait of Hormuz during the war. It is seen as a likely pressure tactic ahead of possible negotiations in Islamabad on Friday. Meanwhile, U.N. Secretary-General Ant贸nio Guterres 鈥渦nequivocally鈥 condemned Israeli strikes in Lebanon that killed and injured hundreds Wednesday. Israel claims the two-week ceasefire doesn't cover its conflict with Hezbollah in Lebanon, though Iran and Pakistan say it does. Iran closed the Strait of Hormuz again Wednesday in response to Israeli attacks against Hezbollah in Lebanon. 鈥 The Associated Press
Oil prices fall, stocks rise, and limited shipping resumes following ceasefire.听The Dow Jones Industrial Average shot up 1,200 points following the ceasefire between the U.S. and Iran. Oil prices, which had hovered between $144 and $146 on Tuesday, plunged to $94. Some 426 oil tankers remain halted in the Middle East. But ship tracking service Marine Traffic reported that two non-U.S. owned vessels, filled with bulk goods, have successfully traversed through the Strait of Hormuz. Traffic is at a trickle because ship owners remain wary of risks.
Israel strikes central Beirut without warning.听Israeli strikes hit several dense commercial and residential areas in central Beirut Wednesday afternoon without warning, hours after a ceasefire was announced in the U.S.-Israeli war with Iran. Lebanon鈥檚 health ministry said dozens were killed and hundreds wounded in an early estimate. Israel had said the agreement does not extend to its war with the Iran-backed militant group Hezbollah in Lebanon, although mediator Pakistan said it does. Hezbollah has not agreed to the ceasefire.
The Federal Reserve expects to cut interest rates this year. Minutes from a Fed meeting in mid-March, released on Wednesday, show that members of the board of governors still expect one rate cut this year. The current benchmark rate is at 3.6%, still above its target of 2%. But 鈥渟ome鈥 of the 19 policymakers were concerned that higher gas prices resulting from the U.S.-Iran war might necessitate a future rate hike to push prices down.听
Anthropic withholds new AI model from public听鈥 for now.听Claude Mythos Preview is yet to be released to the public because of cybersecurity risks, the company said. Instead, the model will be shared with more than 40 organizations听鈥 including Google, Apple, and Microsoft听鈥 through a consortium called Project Glasswing. The group aims to identify and fix vulnerabilities before wider release. Early testing has already uncovered thousands of software flaws, raising concerns that such systems could accelerate cyberattacks and strengthen defenses. Recently, Meta introduced its first AI model, Muse Spark, highlighting intensified competition among major tech firms.
Our coverage:听As AI leaps forward, concerns rise that innovation is leaving safety behind.
A rarely seen shark has been spotted in Antarctic waters. The species wasn鈥檛 known to exist in the Southern Ocean until an oceanographer鈥檚 deep-sea camera filmed one at 1,607 feet near the South Shetland islands. Australian researchers from the Minderoo-UWA Deep Sea Research Centre identified the creature as a Southern sleeper shark. Last year, scientists filmed a new species in the form of a 20-armed creature that they named the Antarctic strawberry feather star.
鈥 Compiled by Monitor writers around the world