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The president is trying to ratchet up the economic pressure on Tehran, but Iran's government is unlikely to make a deal without a big, face-saving compromise.
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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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While passengers onboard the MV Hondius say the situation is calm, they face days at sea as officials warn the disease may have spread.
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Oil prices fell, giving back some of the gains from the previous day as attacks in the Middle East raised concerns about the war starting again.
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Called the Advanced Precision Kill Weapon System, it adds laser guidance to a weapon first used in the Korean War.
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Canada had a $1.78 billion trade surplus in March, compared with a $5.11 billion deficit in the prior month. It was the first time in six months that the country ?exported more than it imported, thanks in large part to higher oil prices because of the war in Iran.
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Fuel is airlines' second-largest expense, and getting even costlier due to the U.S. war with Iran. Airlines are looking for ways to cope, starting by hiking checked baggage fees for most fliers.
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The Washington Post won the Pulitzer Prize for public service for scrutinizing the Trump administration's sweeping, choppy cuts and changes to federal agencies, and The Associated Press won the award Monday for international reporting.
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