Luke Vargas

employers stare down the biggest annual jump in health insurance costs in a decade and a half.

We'll look at how they plan to cope.

It's Friday, March 13th.

I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News, the top headlines and business stories moving your world today.

The U.S.

is easing sanctions on Russian oil.

In a move that's designed to boost supply and ease price pressures, countries will be allowed to purchase Russian oil that's already at sea until April 11th.

I asked journal correspondent Thomas Grove what to make of the policy shift.

Four U.S.

service members have been confirmed dead after a U.S.

Air Force refueling plane crashed in Iraq yesterday.

Initial reports suggest that the KC-135 Stratotanker was involved in a mid-air collision with a second plane that landed safely.

The fatalities mark the first U.S.

Air Force losses during the war.

Meanwhile, as the war approaches the two-week mark, President Trump and Iranian officials are continuing to dial up their rhetoric.

Hosting on Truth Social, Trump warned that the U.S.

has, quote, "...unparalleled firepower, unlimited ammunition, and plenty of time."

And speaking of the Iranian regime, Trump added, watch what happens to these deranged scumbags today.

For their part, officials in Iran believe that Trump is feeling the heat from global markets and say their leaders aren't interested in surrendering.

National security official Ali Larajani said yesterday that, quote, starting a war is easy, but ending it won't happen with a few tweets.