President Trump declared the ceasefire with Iran over after three tankers were attacked near the Strait of Hormuz. That’s the headline story. Now here’s the part the headlines can’t tell you: what the smart money expects to happen next.

The price for a barrel of Brent crude oil, the international standard, rose to about $79 US on Wednesday following the resumption of strikes in the Middle East. Major U.S. indexes…

LONDON: Oil prices briefly soared back above US$80 per barrel while stock markets slid Wednesday (Jul 8) after US President Donald Trump said the ceasefire with Iran was over,…