Oil prices climbed Tuesday as President Trump intensified threats against Iran over the Strait of Hormuz. Iran rejected a ceasefire, demanding a permanent end to the war, while disruptions to oil flows and damaged energy facilities continue to support prices. The UN Security Council is set to vote on a resolution concerning commercial shipping in the strait.
US stocks today: US stocks end higher on cool inflation data, strong earnings
Wall Street closed higher as softer US producer inflation and strong early Q2 earnings boosted sentiment. PayPal surged on a reported buyout offer, while BlackRock