Even After a Strait of Hormuz Deal, Moving 1,500 Ships Won’t Be Easy

An agreement to reopen the waterway would be followed by a complicated process of navigating a backlog of vessels stranded for nearly three months. Read more
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$140,000 E.V.s and Heritage Gold: The Rise of China’s Homegrown Luxury Market

As China’s economy slows, consumers are increasingly turning to domestic luxury products, challenging the dominance of long-established European brands. Read more
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Oil Prices Fall on News of Possible Iran Deal

S&P 500 futures were up slightly in what may be a sign that investors and analysts are waiting to see if a deal is finalized. Read more
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