Trump ordered fresh strikes on Iran, sending oil prices higher and U.S. stock futures lower as Strait of Hormuz tensions escalated.

(Bloomberg) -- Oil jumped and US equity futures fell after the US launched another round of strikes against Iran, while conflicting claims over the status of the Strait of Hormuz…

U.S. forces carried out five rounds of attacks in the past week and three over the last 24 hours, signaling that the operational tempo is quickening.