Oil Surges Most Since 2020, Reflecting Bet That Strait Won't Go Back to Normal

The international crude price climbed nearly 10% as President Trump said he would reimpose the U.S. blockade.

U.S. Launches New Iran Strikes, as Trump Weighs Attacking Nuclear Site

The president earlier declared that a blockade on Iranian ports would be reimposed.

China Exports Surged in June, Exceeding Market Expectations