Investors were buoyed by softer inflation numbers and record earnings from US banks; Oil hit a one-month high. Follow live updates.

US shares have retreated as Donald Trump announced he would try to charge fees on cargo ships in Hormuz; Oil jumped as traders priced in a 50-50 chance of a rate hike. Follow live…

Investors were buoyed by softer inflation numbers and record earnings from US banks; Oil hit a one-month high. Follow live updates.