Oil is trading higher as the United States and Iran resumed strikes. That's after President Donald Trump reinstated the US blockade of Iranian ships transiting the Strait of Hormuz. And he's also demanded a 20% reimbursement for all other cargo shipped through the waterway.So we're just going to hit them very hard, and we're going to we're going to keep the strait and we'll probably run it. We will become the guardian of the strait. Maybe we'll call it the guardian angel of the strait, and we should be reim ...

Energy and shipping industry officials are locked in an increasingly bitter lobbying fight over the future of the century-old Jones Act, battling to determine the long-term fate of the critical protectionist law. https://t.co/lG70aCPBgz ...