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President Donald Trump said he ordered U.S. forces to guide ships and crews from countries that are not involved with the Iran war out of Strait of Hormuz.
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Unbowed by the Iran war and other shocks, individual investors are buying their way to new heights of influence
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With President Trump's visit to Beijing looming, China is pushing Iran to negotiate even as its companies export material that could be used by Iran's military.
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Oil prices fell and futures on the S&P 500 rose slightly on Sunday as investors reacted to continued uncertainty about the war in Iran.
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Ranking Senate Armed Services Committee Democrat Jack Reed said he believes the U.S. is in a "much worse position" with Iran since the war started.
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Iran warned President Trump's naval blockade was "doomed to fail" as oil prices soared to their highest point in years with the standoff over the Strait of Hormuz wreaking havoc on the global economy.
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President Trump welcomed the announcement, but U.S. officials said the naval blockade on vessels leaving from and going to Iranian ports remains in effect.
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