U.S. forces resume blockade against Iran; Trump warns of 'heavy strikes' tonight or tomorrow and imposes a 20% fee on Strait shipping.

Iranian media reported that Iran shot down a U.S. military drone over the Strait; explosions were heard from Larak Island, located in the Strait, and from Bandar Abbas in southern Iran. Trump stated that U.S. fees on cargo transiting the Strait of Hormuz are intended to offset necessary expenditures for maintaining regional security, and that the relevant procedures and deployments would commence immediately. The U.S. military will impose a naval blockade on Iran starting at 4:00 p.m. Eastern Time on the 14th. It was reported that Trump has notified Congress of the renewed outbreak of hostilities with Iran. The International Maritime Organization (IMO) opposes levying tolls on straits used for international navigation. Iran’s Foreign Minister described the U.S.-proposed fee rate as “excessive.”

wallstreetcn27minutes ago

Express News | Trump believes that reaching an agreement with Iran is possible, and that the United States will ultimately control the Strait of Hormuz.

Breakings06:11

Here Are the Major Earnings Before the Open Tuesday

Seeking Alpha06:00

U.S. President Donald Trump's announcement of renewed sanctions on Iran drove up crude oil prices, while hawkish remarks by Federal Reserve Governor Waller pushed long-term interest rates higher, contributing to a further rise in the dollar to 162.48 yen.

[London Market Overview] On the 13th, the dollar-yen exchange rate remained firm in the London foreign exchange market. Amid heightened uncertainty surrounding the Middle East situation, crude oil prices turned volatile and declined, pushing dollar-yen down from ¥162.14 to ¥161.97. However, with U.S. interest rates unlikely to ease, dollar-selling pressure remained limited. The euro-dollar pair was pressured lower by elevated crude oil prices, high interest rates, and a strong dollar, falling from $1.1445 to $1.1423. Euro-yen weakened from ¥185.46 to ¥185.12 but largely followed the movement of dollar-yen.

Fisco Japan05:04

U.S. equity markets declined on the 13th, as rising crude oil prices and renewed concerns over AI weighed on sentiment.

U.S. equity markets declined, with the Dow Inc closing down $138.37 at 52,498.64 and the Nasdaq finishing 408.43 points lower at 25,873.18. Market direction remained uncertain following the open amid ambiguity surrounding prospects for peace with Iran. Shares of South Korean semiconductor memory maker SK Hynix, which listed on the Nasdaq last week, weighed heavily on the sector and exerted downward pressure on the broader market. Further adding to the bearish sentiment was President Trump's announcement that the U.S. would resume blocking Iranian vessel traffic through the Strait of Hormuz, driving up crude oil prices.

Fisco Japan04:56

Cisco Systems Maintains 1,063,980 CoreWeave Shares; Adds 237,375 Space Exploration Technologies Shares; 21,398 Navan Shares; 2,319 Rubrik Shares.

Benzinga04:42