REAR VIEW: Iran said that the Strait of Hormuz would be closed until further notice; Trump reinforces blockade; Trump to charge for Hormuz usage; Houthis hit Saudi Arabia after Saudi hit Yemen airport; Fed Waller said if core CPI is hot, Fed will need to consider a near term rate-hike; SK Hynix earning concerns.

SK Hynix falls after Friday's strong debut; memory chip makers lead losses on S&P 500

Hormuz flows evaporate, Hynix hammered, Hawk lifts Hike odds...

REAR VIEW: Iran said that the Strait of Hormuz would be closed until further notice; Trump reinforces blockade; Trump to charge for Hormuz usage; Houthis hit Saudi Arabia after…

Oil prices rallied by more than 9% after US-Iran geopolitical escalation, Saudi-Yemen strikes, while Trump announced to reinstate the blockade and that the US would hit Iran very…

Inflation fears reignited as Trump reinstates Hormuz blockade

US CPI softer-than-expected; US blockade solely on Iran set to resume; Trump to replace 20% fee with trade and investment deals that the various Gulf States will make into the US;…

Everything you need to know before you reach the office this morning.