Stock Futures Are Falling, Oil Jumps After Iran Closed Strait of Hormuz

Even as they were meeting in Switzerland to hammer out a permanent peace deal, the U.S. and Iran had renewed tensions.

Iran Mediators Offer Plan to Ease Lebanon, Hormuz Tensions

Trump threats had created friction at peace talks, which were complicated by fighting between Israel and Hezbollah in Lebanon.

China Slaps Restrictions on Dozens of U.S. Companies