Energy in America

Oil prices surged while Asian stock markets traded mixed on Wednesday after President Donald Trump announced the United States will withdraw from a 2015 nuclear accord with Iran and re-impose sanctions.

Officials say a multi-agency effort to mitigate potential pollution after a suspected boat anchor strike damaged underwater electric cables and oil pipelines in the waterway that connects Lake Huron and Lake Michigan has wrapped up.

Industrial equipment maker Siemens saw profit rise in the first three months of the year as the company booked a one-time gain related to pensions while profits from its factory digitalization business helped offset sagging results from fossil fuel power generation.

The U.S. withdrawal from the Iran nuclear deal means Boeing's licenses to sell billions of dollars in commercial jetliners to Iran will be revoked, Treasury Secretary Steven Mnuchin said Tuesday.

Republican senators say President Donald Trump will allow year-round sales of renewable fuel with blends of 15 percent ethanol as part of an emerging deal to make changes to the federal ethanol mandate.

___ Google showcases AI advances at its big conference MOUNTAIN VIEW, Calif.

U.S. stocks edged lower in early trading Tuesday, giving up gains from a day earlier.

The major U.S. stock indexes finished unevenly Tuesday after President Donald Trump said the U.S. was withdrawing from a landmark nuclear deal with Iran.

Leaving the Iran deal will give them more power in the region.

Higher costs seen as state commission approves requirement for new homes.

The leaders of Cyprus, Israel and Greece say they want to push ahead with an envisioned pipeline that will supply east Mediterranean gas to Europe as the continent seeks to diversify its energy supply.

Shares were mostly higher in Asia on Tuesday following an upbeat finish on Wall Street.

The president faces a Saturday deadline on whether to uphold the Obama administration's 2015 nuclear deal.

___ US oil prices top $70 a barrel for the first time since 2014 DALLAS (AP) — US oil has shot above $70 a barrel for the first time since late 2014, foreshadowing costlier gasoline and consumer goods.

U.S. stocks finished higher Monday as gains in technology and banks outweighed losses in consumer goods companies and other sectors.

U.S. stocks moved broadly higher in early trading Monday, adding to solid gains at the end of last week.

U.S. oil giant ConocoPhillips is pressing for control of Venezuela's offshore operations in the Caribbean to recoup $2 billion in payment from a decade-old dispute.

The latest on developments in financial markets (all times local): 9:35 a.m.

Asian shares were mostly higher Monday following strong gains on Wall Street after the U.S. jobless rate hit an 18-year low, helping investors overlook unresolved trade tensions between Washington and Beijing.

Most Asian stock markets started the week higher on Monday following strong gains on Wall Street after the U.S. jobless rate hit an 18-year low, helping investors overlook unresolved trade tensions between Washington and Beijing.