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President Trump said the United States could collect tolls or fees, despite Vice President JD Vance and Secretary of State Marco Rubio saying no country could do so.
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The U.S. and Iran disputed whether Hormuz was open to ship traffic after trading strikes over the weekend.
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For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.
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Shipping activity plummeted after Iran attacked a ship, setting off U.S. strikes. Little crude oil is being transported through the critical waterway.
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The Senate Banking Committee approved the bill 15-9 in May, with two Democrats joining Republicans to advance the legislation.
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A man was hospitalized after a visibly agitated bull bison flipped him about eight feet in the air near a campground road.
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Home Secretary Shabana Mahmood confirmed the suspect was not known to the government's anti-terrorism programme in an update to MPs.
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The killing occurred in Biddeford, about 20 miles south of Portland. The Trump administration has been conducting a surge of immigration enforcement.
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The move comes after the U.S. and Iran exchanged fire for the third weekend in a row, raising the specter of a return to all-out war after a shaky ceasefire took effect in June.
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An Immigration and Customs Enforcement agent was involved in a shooting Monday morning in Biddeford, Maine, federal immigration authorities said.
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Treasury yields were broadly flat on Monday after the ceasefire agreement between the U.S. and Iran came under increasing strain over the weekend.
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;Resize=(620)) After three days in which British authorities suggested there was no information suggesting a political or terroristic motive to last week's killing of longtime MP Ann Widdecombe, it was revealed Monday that the top counterterrorism unit is low leading the investigation.
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A dozen US states are taking legal action to halt the largest media consolidation in Hollywood history.
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ABC News' Tom Soufi Burridge reports on the latest in the investigation into the deadly fire.
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The actor, who has died aged 78, built up a long string of screen credits over a five-decade career.
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Friends, politicians and fellow film stars remember Neill following his "sudden and unexpected" death.
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;Resize=(620)) An explosive fire at a pub in Thailand's capital Bangkok killed 27 people and injured dozens, officials said on Monday, with police investigating possible negligence including obstructed emergency exits as people scrambled ?to flee the burning venue.
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President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes.
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In 2023, Neill disclosed he had been diagnosed with angioimmunoblastic T-cell lymphoma, a rare type of non-Hodgkin lymphoma. Neill died on Monday in Sydney, according to a statement posted to the actor's social media page.
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Firefighters arrived at the scene in the Chatuchak district to find patrons running through flames to escape.
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;Resize=(620)) A person was fatally shot on Monday during an encounter with U.S. immigration agents in Maine, a top state lawmaker said, days after a man ?was killed by a U.S. agent during a traffic stop in Texas.
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California is among the states suing to block Paramount from buying Warner Bros. Discovery in a Hollywood mega-merger that would unite some of the nation's largest movie studios and TV newsrooms.
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Malcolm Timbrell's wife and their friends are thought to have died when a devastating wildfire tore through their village in Spain.
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The rap mogul convened his starriest collaborators, showed off his still-dazzling skills and made a convincing argument for his singular legacy.
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Counter terrorism police takeover the investigation into Ann Widdecombe's death.
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Police have launched an investigation but say there is no ongoing risk to the public.
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Huge flames tore out of the entrance to the venue, which one investigator said had used inappropriate material for soundproofing. More than two dozen people died.
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The police said new information and evidence had come to light in the murder investigation into the death of Ann Widdecombe, a right-wing former lawmaker.
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;Resize=(620)) European countries reported more than 10,000 excess deaths during the record-breaking heat wave that engulfed the west of the continent in late June, official data shows.
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;Resize=(620)) Sam Neill, a smoothly elegant and versatile actor whose career moved from art film to blockbuster, has died at the age of 78.
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Entire towns in southern Lebanon have been hollowed out by the war between Israel and Hezbollah. Some residents have stayed, fearing permanent displacement.
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At least two people are dead and at least four people are injured after a shooting on Saturday night at a festival celebrating Latin culture in Canada's biggest city.
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President Trump signed an agreement that Iran said gave it control of the waterway — and global energy supplies. Now, Iran's military is violently asserting authority.
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;Resize=(620)) An explosive fire at ?a popular pub in Thailand's capital Bangkok has killed 27 people, with another 22 injured in critical condition, officials said on Monday, in one of the deadliest such incidents in the tourism hub in recent years.
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With much of their leadership killed in the war, Iran's conservatives have sought to fill the void and intensify the fight against the United States.
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No suspect or suspects had been arrested by the time of a late-night news conference, where Barredo confirmed both of the deceased victims were men.
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