The S&P 500 has recouped all its losses since the Middle East war started on Feb. 28, as a bullish “vibe shift” takes hold among some investors.

The state, known for making cars, is spending millions to entice drone manufacturers that can bring new business to auto suppliers.

Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.

Investors saw a possible path to peace, with the United States and Iran trading proposals for Iran to suspend nuclear activity.

Ted Sarandos attended a major movie theater conference for the first time and met with domestic and international owners, people familiar with the meetings said.

Multinationals in China are concerned that the regulations could allow authorities to penalize companies and executives for shifting supply chains away from the country.

A sanctions waiver aimed at keeping global oil prices down had allowed Moscow to sell oil currently at sea.

The United States said it has started to block vessels doing business with Iran from the strait. Details on how that would work are unclear.

The vessels exited the Strait of Hormuz on Monday, hours before a U.S. naval blockade took effect.

President Trump is trying to choke off the country’s lifeline with a blockade of the Strait of Hormuz. But the Iranians are betting that his tolerance for political pain is limited.