Business & Finance: US Today

$90.64 — West Texas Intermediate crude surged 5.7% to this level after the U.S. launched fresh strikes on Iranian Revolutionary Guard Corps targets Tuesday, reigniting the six-month conflict's worst fears about Strait of Hormuz disruption.

Money Moves

• Dow plunges 419 points as the equity market's worst month begins with a bang, battered by the dual weight of spiking oil and climbing bond yields.
• Gold collapses over 2.3% as the greenback accelerates,...