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Ship-tracking data showed that several vessels, including some that had been docked at Iranian ports, had moved through the strait as the U.S. military began its blockade.
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The IMF said that the U.K. will be hardest hit out of all developed economies as a result of the Iran war.
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Viktor Orban, Hungary's newly ousted prime minister, helped to finance a Brussels think tank that pushes his populist vision. It will outlast him, at least for a while.
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China's leader, Xi Jinping, said that the world cannot risk reverting "to the law of the jungle." Beijing has taken a more active role diplomatically as the crisis in the Strait of Hormuz persists.
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;Resize=(620)) The U.S. military has initiated a blockade across the Gulf of Oman and the Arabian Sea, a move experts say is an act of war with potential for serious escalation in the midst of a ceasefire. U.S. Central Command says it is targeting all vessels traveling to and from Iran as of Monday morning
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