Daily brief
Oil prices jumped after the United States seized an Iranian vessel near the Strait of Hormuz, renewing tensions in the crucial shipping lane. President Trump confirmed the seizure, which comes amid mixed signals regarding potential peace talks between the US and Iran. The strait handles about a fifth of the world's seaborne oil, and the incident has left the waterway in a state of uncertainty.
Oil prices climbed 5% after Trump said he does not want to extend the Iran ceasefire.
Qatar announced a 'gradual resumption' of flights by foreign airlines.
Germany moved to privatize the ex-Gazprom unit SEFE.
The UAE threatened to ditch the petrodollar for yuan in currency swap talks, according to the WSJ.