Global news highlights from AP

June 16, 2026

US President Donald Trump joined other world leaders in France for the G7 summit, where developments in the Middle East and the war in Ukraine are high on the agenda.

Trump voiced optimism on the recently announced deal to end the war with Iran, but said he's not sure if he'll attend the signing on Friday.

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The tentative agreement between the US and Iran is good news for the global economy, but it will take time to ramp up oil shipments through the Strait of Hormuz.

Gulf oil producers need time to ramp up production. Shippers need confidence it's safe to move the commodity.

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Kansas City's close knit skydiving community is reeling one day after a plane carrying seven skydivers and several others crashed shortly after takeoff.

The NTSB will investigate the crash, but its final report won't be released for at least a year.

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Stocks rallied worldwide, and oil prices fell, after US and Iran's initial deal to end hostilities.

The Dow jumped more than 700 points in early trading. The S&P 500 and the Nasdaq composite also saw big gains.