Oil Jumps Again as US Escort Plan for Hormuz Fails to Bring Calm

Good morning. Oil prices rise as Donald Trump’s plan to escort and insure tankers in the Strait of Hormuz fails to bring calm. Blackstone executives chip in $150 million for...

By Nasteho Said · Bloomberg

Good morning. Oil prices rise as Donald Trump’s plan to escort and insure tankers in the Strait of Hormuz fails to bring calm. Blackstone executives chip in $150 million for fund redemption payments. And FIFA is in high spirits about the World Cup despite chaos in Iran. Listen to the day’s top stories.