The American military on Monday was implementing a blockade on all ships entering and exiting Iranian ports, with the escalation pushing oil prices higher but not rattling U.S. stocks that much.
Here's what smart people are saying about what the failed US-Iran peace talks and Trump's blockade mean for markets markets.businessinsider.comWall Street futures drop after US-Iran peace talks fail ReutersEuropean markets open the week lower and travel stocks plunge as Iran peace hopes fade CNBCCollapse of US-Iran talks heightens fears of prolonged energy shock The Guardian