investingLive Americas market news wrap: Oil prices spike as Trump announces blockade and tolls
US navy details that it will enforce a full blockade on IranUS June federal budget deficit $120 billion vs $138 billion expectedMore from Fed Waller: Now is not the time to use forward guidance.Waller: If there is another hot reading on core inflation this week, the Fed will need to consider raising ratesTrump reimposes Iran blockade, places 20% toll on Hormuz shippingUS 2-year yields touched the highest since February 2025Trump: We're taking over the Strait of HormuzMarkets:WTI crude oil up...
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