Photos: Charcoal workers in a quiet Kurdish village carry on as war unfolds

SARKAND, Iraq (AP) —

As war rages in Iran, life goes on across the border in the Kurdistan region of northeastern Iraq. In the quiet mountainous village of Sarkand, Kurdish workers produce charcoal along a river that winds past small rural communities.

Men stack hardwood and seal it inside earthen pits to slowly burn into charcoal. Using shovels, they turn the dark soil around the pits as smoke escapes through small vents.

During breaks, some workers pause to pray as they observe the fast during the holy month of Ramadan. One man kneels in prayer on a rock in the river, while another prays beside a vehicle recently loaded with sacks of charcoal after washing his feet, face and hands.

Among the workers is Zana, a 22-year-old student from Koya University who smiles and asks to pose for a photograph. Schools in the Kurdistan region have been closed since the start of the war between the United States, Israel and Iran.

“I’m afraid of the rockets and drones, but I need to work,” he says. “From Brazil to anywhere in the world, whether in the U.S. or here, war is not good for anyone.”

This is a photo gallery curated by AP photo editors.

Men work at a traditional charcoal production site in Sarkand, Iraq, Thursday, March 12, 2026. (AP Photo/Leo Correa)

A Muslim worker prays while kneeling on a rock in a river bed as he breaks from his work at a traditional charcoal production site in Sarkand, Iraq, Thursday, March 12, 2026. (AP Photo/Leo Correa)

A man uses a shovel as he works at a traditional charcoal production site in Sarkand, Iraq, Thursday, March 12, 2026. (AP Photo/Leo Correa)

Workers and a boy pose for a photo after loading a vehicle with sacks of charcoal at a traditional production site in Sarkand, Iraq, Thursday, March 12, 2026. (AP Photo/Leo Correa)

A man uses a shovel as he works at a traditional charcoal production site in Sarkand, Iraq, Thursday, March 12, 2026. (AP Photo/Leo Correa)

Workers prepare sacks of charcoal for transport at a traditional production site in Sarkand, Iraq, Thursday, March 12, 2026. (AP Photo/Leo Correa)

Workers load a vehicle with sacks of charcoal at a traditional production site in Sarkand, Iraq, Thursday, March 12, 2026. (AP Photo/Leo Correa)

A Muslim worker prays next to a vehicle loaded with sacks of charcoal at a traditional production site in Sarkand, Iraq, Thursday, March 12, 2026. (AP Photo/Leo Correa)

A worker carries a sack of charcoal to load onto a vehicle at a traditional production site in Sarkand, Iraq, Thursday, March 12, 2026. (AP Photo/Leo Correa)

A worker binds sacks of charcoal at a traditional production site Sarkand, Iraq, Thursday, March 12, 2026. (AP Photo/Leo Correa)

Sacks filled to the brim with charcoal are lined up in rows at a traditional production site in Sarkand, Iraq, Thursday, March 12, 2026. (AP Photo/Leo Correa)

A worker carries a sack of charcoal at a traditional production site in Sarkand, Iraq, Thursday, March 12, 2026. (AP Photo/Leo Correa)

Workers prepare charcoal at a traditional production site in Sarkand, Iraq, Thursday, March 12, 2026. (AP Photo/Leo Correa)

Zana, 22, poses for a photo after loading a vehicle with sacks of charcoal at a traditional production site in Sarkand, Iraq, Thursday, March 12, 2026. (AP Photo/Leo Correa)

Stock indexes on Wall Street are losing ground in morning trading Friday, as the fallout from the war with Iran keeps pressure on oil prices, destabilizing the global economy.

The S&P 500 was down 0.2% after having been up as much as 0.9% in the early going. The Dow Jones Industrial Average was up 34 points, or 0.1%, as of 11:06 a.m. Eastern time, and the Nasdaq composite was 0.4% lower.

The latest choppy trading follows heavy turbulence in the market earlier in the week, which has the major indexes headed for their third straight losing week.

In the energy market, which has been roiled by the Iran war and its impact on supplies of crude oil and gas, the price of a barrel of Brent crude, the international standard, was above $100 per barrel, though still 0.2% below its $100.46 closing price on Thursday. It’s up more than 37% for the month.

U.S. crude oil was up 0.1% to $95.83 a day after settling at $95.73 per barrel. It’s up around 43% this month.

Oil prices have been volatile since the Iran war began. Iran’s actions have effectively stopped cargo traffic through the narrow Strait of Hormuz, where a fifth of the world’s oil typically sails. That has oil producers cutting production because their crude has nowhere to go.

If the war continues to hamper the production and transportation of oil from the Persian Gulf, it could cause a surge in inflation that could hurt the global economy. Analysts have said that if the Strait of Hormuz remains closed, oil prices could jump to $150 relatively quickly.

While the International Energy Agency said Wednesday its members would make a record 400 million barrels of oil available from their emergency reserves, some economists believe that would do little to reassure markets.

President Donald Trump signaled earlier this week that he would take more action to address the squeeze on oil flows. The move follows the administration’s decision to grant temporary permission for India to buy Russian oil.

A new snapshot of consumer spending Friday shows inflation crept higher in January, even before the Iran war caused oil and gas prices to spike.

The Commerce Department said prices rose 2.8% in January compared with a year earlier. But excluding the volatile food and energy categories — which the Federal Reserve pays closer attention to — core prices rose 3.1%, up from 3% in the prior month and the highest in nearly two years.

Even so, consumers still lifted their spending at a solid 0.4% pace in January, with their incomes rising at the same pace, according to the report.

Consumer spending powers about two-thirds of the economy, which is why economists keep a close watch on trends in incomes and spending.

The University of Michigan's latest gauge of consumer sentiment on Friday showed consumer sentiment declined slightly to its lowest reading of the year as gasoline price hikes since the start of the war in Iran.

Meanwhile, the Labor Department said Friday U.S. job openings jumped to nearly 7 million in January, topping economists’ forecasts.

Wall Street also got an update on how U.S. economic growth fared in the October-December quarter. The economy, hobbled by last fall’s 43-day government shutdown, grew at a sluggish 0.7% annual rate, a downgrade from its initial estimate last month.

“GDP and the job market have been expanding, but the rate of change has been slowing, which leads to concerns about the overall economy -- and that was even before we stared a war in the Middle East, which spiked the price of oil,” Chris Zaccarelli, chief investment officer for Northlight Asset Management, said in an email.

Most of the sectors in the S&P 500 were rising Friday, with financial and health care stocks driving most of the gains. JPMorgan rose 1.1% and Eli Lilly added 1.6%.

Software maker Adobe fell 6% even after it beat Wall Street’s sales and profit forecasts. Investors were likely underwhelmed by the company’s forecast for its recurring subscription revenue.

Ulta Beauty slid 10.5% for the biggest decline among S&P 500 stocks after the beauty and makeup retailer's latest quarterly results fell short of analysts’ profit targets. Ulta’s profit was dinged by a 23% increase in selling, general and administrative expenses, which jumped to $1 billion in the period.

Bitcoin rose 4.6% to just around $72,777, boosting companies that trade or hoard the cryptocurrency. Coinbase Global rose 2.4% and Strategy gained 4.9%.

In the bond market, the yield on the 10-year Treasury fell to 4.25% from 4.26% late Thursday. It was just 3.97% before the war started.

Higher yields help make all kinds of borrowing more expensive, such as mortgages for potential U.S. homebuyers and bond offerings for companies looking to expand. They also push down on prices for all kinds of investments, from stocks to crypto.

In stock markets abroad, indexes rose in Europe after also falling in Asia.

In early European trading, Britain’s FTSE 100 rose 0.2%, Germany’s DAX added 0.2% and France’s CAC 40 gained 0.4%.

Tokyo’s Nikkei 225 index slipped 1.2%. Technology-related stocks saw some of the bigger losses, with SoftBank Group falling 4.5%.

Ryan Falvey works on the floor at the New York Stock Exchange in New York, Tuesday, March 10, 2026. (AP Photo/Seth Wenig)

A motorist fills up the tank of a vehicle at a Coscto gasoline station Thursday, March 12, 2026, in east Denver. (AP Photo/David Zalubowski)

The per-gallon price for premium unleaded fuel is displayed electronically on a pump at a Costco gosoline station Thursday, March 12, 2026, in east Denver. (AP Photo/David Zalubowski)

A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Friday, March 13, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)

A person walks in front of an electronic stock board showing Japan's Nikkei index at a securities firm Friday, March 13, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)

Gregg Maloney works on the floor at the New York Stock Exchange in New York, Tuesday, March 10, 2026. (AP Photo/Seth Wenig)