renewed U.S.-Iran conflict chokes Hormuz

Commercial vessels remain anchored off Port Sultan Qaboos around Qaboos Port on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty Images News | Getty Images Vessel traffic through the Strait of Hormuz has slumped since U.S. President Donald Trump’s blockade took effect last week, with shipowners increasingly avoiding one of the world’s most…

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South Korean traders’ leveraged bets unravel

A Korea Exchange (KRX) employee monitors stock market data on computer screens in the Yeouido financial district of Seoul, South Korea, on May 11, 2026. Chris Jung | Nurphoto | Getty Images South Korean retail investors who piled into leveraged bets on the country’s AI champions are nursing steep losses after a sharp reversal, exposing…

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