Scott Horsley

That's up a dollar since the war began.

Diesel prices have jumped by nearly $1.60 a gallon.

The head of the International Energy Agency says the U.S.-Israeli war with Iran poses a, quote, major, major threat to the global economy.

The Labor Department says U.S.

workers were not as productive in the fourth quarter as initially reported.

Productivity rose at an annual rate of 1.8 percent during October, November and December.

That's down from an earlier estimate of 2.8%.

Scott Horsley, NPR News, Washington.

The war with Iran is not only raising gasoline prices in the U.S., the price of jet fuel is also taking off.

Some airlines have begun raising ticket prices in response.

Airline CEOs are also concerned about possible staffing shortages in airport control towers and security lines.

In an open letter to Congress, airline executives urged lawmakers to ensure that air traffic controllers and TSA agents are paid, even during a partial government shutdown.

Treasury Secretary Scott Besson is holding trade talks with Chinese officials in Paris this week.

They're trying to lay the groundwork for President Trump's visit to China at the end of the month.

Although Trump told the Financial Times it's possible that trip will be delayed.

Asian stocks were mixed overnight.

Scott Horsley, NPR News, Washington.

Crude oil traffic in the Strait of Hormuz remains at a near standstill two weeks after the U.S.

and Israel launched their war on Iran.

That's pushed oil prices to around $100 a barrel.