Update: US Equity Indexes Slump, Crude Oil Soars as Trump Plans to Reinstate Iran Blockade, Impose 20% Toll on Hormuz Cargo
() -- (Updates with index/price moves, analyst comments, and geopolitical news from the first paragraph.) US equity indexes fell as President Donald Trump's plan to reinstate a blockade on Iranian ships transiting the Strait of Hormuz, while proposing a toll for providing "safety and security" to cargo crossings in the