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Stocks recover losses, and oil prices ease as calm returns to financial markets worldwide AP NewsStocks gain as chipmakers rise, oil prices fall: Live updates CNBCU.S. Stocks Rise As War Jitters Ease WSJWall Street rallies as chip surge offsets Iran worries ReutersStock Market
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Producer price index rises for fourth straight month as Strait of Hormuz closure roils supply chains
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Strait of Hormuz: What has happened since the US-Iran MoU on June 17? Al JazeeraHow Iran uses the Strait of Hormuz to pressure the US DW.comOil Tanker Traffic Through Hormuz at Near Standstill as Attacks Strain MoU gCaptain
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Crude oil prices jumped and stock prices fell after President Trump declared an end to the ceasefire with Iran, adding fresh uncertainty to an already shaky outlook for the global economy.
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