U.S. Futures Higher, Oil Holds Around $80 on Hopes for Imminent Hormuz Reopening

A rally across global stock markets continued, with sentiment boosted by the prospect of a U.S.-Iran agreement to reopen the Strait of Hormuz.

Iran Is Staking Everything on Controlling the Strait of Hormuz

Tehran's hard-line approach in its showdown with President Trump threatens to destroy its economy and its ties with neighbors.

Inflation Problem Isn't Only About Energy, Fed's Schmid Says