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Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy. Source link

Investors saw a possible path to peace, with the United States and Iran trading proposals for Iran to suspend nuclear activity. Source link

Multinationals in China are concerned that the regulations could allow authorities to penalize companies and executives for shifting supply chains away from the country. Source link

Ted Sarandos attended a major movie theater conference for the first time and met with domestic and international owners, people familiar with the meetings said. Source link

The fast-food giant will add fruit-flavored drinks to its menus next month as chains like Dunkin’ and Starbucks sell more cold drinks than hot ones. Source link

A sanctions waiver aimed at keeping global oil prices down had allowed Moscow to sell oil currently at sea. Source link

It will be a tricky earnings season, as the investment banking giant became the first to show on Monday. Source link

The United States said it has started to block vessels doing business with Iran from the strait. Details on how that would work are unclear. Source link

The vessels exited the Strait of Hormuz on Monday, hours before a U.S. naval blockade took effect. Source link

President Trump is trying to choke off the country’s lifeline with a blockade of the Strait of Hormuz. But the Iranians are betting that his tolerance for political pain is limited. Source link