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A dramatic escalation in tension over the Strait of Hormuz drives oil prices and risk assets higher in early trade.
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Iran threatened retaliation after the seizure in the Gulf of Oman, and it wasn't clear whether Tehran would attend talks in Pakistan, with a ceasefire set to expire Wednesday.
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A president who relishes attacking the news media is set to break his boycott of an event celebrating the news media. What could go wrong?
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The two-week ceasefire between the US and Iran is set to expire Wednesday. And the two sides seem far from a resolution. President Trump says the US has taken custody of an Iranian vessel.
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