Oil surges, stocks fall as Trump says to blockade Strait of Hormuz
Oil prices surged, and stocks sank on Monday after US-Iran peace talks fell apart and Donald Trump announced a blockade of the strategic Strait of Hormuz, adding to fears of energy supplies from the Middle East. Negotiations in Islamabad at the weekend fell apart with the US delegation - led by Vice President JD Vance - blaming Iran's refusal to give





