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The U.S. strikes on Kharg Island and Trump's threat to hit Iran's oil infrastructure mark a major escalation in the war, according to JPMorgan.
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The remarks came as Treasury Secretary Scott Bessent met his Chinese counterpart He Lifeng in Paris, paving the way for the summit scheduled for late March.
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The leaders discussed the need to "end the disruption to global shipping", No 10 says.
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President Trump has urged China, Britain, France, Japan and South Korea to send warships to help reopen the waterway, even though they were not involved in the U.S.-Israeli attack on Iran.
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"One Battle After Another" defies Trumpian taboos.
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Where Washington, Idaho and Oregon meet, elk are straying from public to private lands, causing conflict and concern. If the Trump administration opens national forests further, it could get worse.
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The comment from Brendan Carr came on the heels of a social media message from President Trump criticizing the news media's coverage of the war with Iran.
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Global oil prices have soared as one-fifth of the world's supply normally transits the strait.
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Israel announced a barrage of new strikes on western Iran on Sunday, while Iran's foreign minister says the country has not asked for a ceasefire as President Trump had claimed.
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Beijing and Moscow look to one another for energy and economic security amid geopolitical turbulence
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