U.S. President Donald Trump had a call with Russian President Vladimir Putin to discuss the war in Iran and other issues

Oil prices surged and stock markets slid after hard-line Ayatollah Mojtaba Khamenei was chosen to succeed his late father as Iran’s supreme leader

The Justice Department said Monday it has tentatively settled its antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment, striking a deal to ultimately lower ticket prices for consumers and end an illegal monopoly over live events in America.

Mojtaba Khamenei will be Iran's next supreme leader, taking over for his father, Ali Khamenei, who was killed in air strikes last month.

Iran named the hard-line Ayatollah Mojtaba Khamenei to succeed his late father as supreme leader on Monday, signaling no letup in the war launched by the United States and Israel. Oil prices surged as Iran attacked regional energy infrastructure and the U.

Senior clerics selected Mojtaba Khamenei to succeed his father after another day of strikes across the Middle East. A senior Iranian official warns the war is entering a “new phase.” CNN operates in Iran only with government permission.

Earlier, a meeting of G7 finance ministers and the International Energy Agency ended apparently without agreement to release strategic oil reserves.

The Justice Department said Monday that it has tentatively settled its antitrust lawsuit against Ticketmaster and parent company Entertainment, striking a deal to ultimately lower ticket prices for consumers and end an illegal monopoly over live events in America.