Oil jumps above $116 as Trump’s Strait of Hormuz deadline approaches
Oil prices jumped and stocks tumbled Tuesday morning, as the U.S. launched fresh strikes on Iran’s Kharg Island and as President Donald Trump’s 8 p.m. ET deadline to reopen the Strait of Hormuz approached without a clear resolution. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The price … Read more