U.S. President Donald Trump said Monday that the United States is “reinstating” a blockade on Iran in the Strait of Hormuz and will charge other ships for safe passage.
Oil prices are climbing Monday following a weekend of attacks in the Middle East, while more losses for computer chipmakers and other winners of the artificial-intelligence boom weigh on stock markets.
Ukraine and nine other countries on Monday announced they were forming a coalition to protect Europe from ballistic missiles, taking advantage of Kyiv’s experience of fighting Russia's full-scale invasion for over four years.