The World in Brief from The Economist

America and Iran traded missile and drone attacks as they battled over the Strait of Hormuz, which Iran shuttered again over the weekend. Lindsey Graham’s office announced that the Republican senator died following a “brief and sudden illness”.

Abbas Araghchi, Iran’s foreign minister, held talks with his Omani counterpart about the future of the Strait of Hormuz; America’s Justice Department issued subpoenas to several New York Times journalists, demanding that they testify before a grand jury in New York next week.  

America’s Justice Department issued subpoenas to several New York Times journalists, demanding that they testify before a grand jury in New York next week

America’s Justice Department issued subpoenas to several New York Times journalists, demanding that they testify before a grand jury in New York next week

Apple sued OpenAI and two of the company’s developers, accusing them of stealing “secret and confidential information” about its unreleased technology and products; J.D. Vance, the American vice-president, and Abbas Araghchi, the Iranian foreign minister, are among the officials expected to meet in Oman today in an effort to rescue their countries’ ceasefire.

The share price of SK Hynix opened at $170 on the Nasdaq—around 14% higher than its offering price of $149

Donald Trump said America would continue talks with Iran, but repeated his earlier declaration that their ceasefire is “over”; The share price of SK Hynix opened at $170 on the Nasdaq—around 14% higher than its offering price of $149.

Iran and America continued to trade strikes, even as Iran was burying Ali Khamenei. Also, Kevin Warsh named academics, business leaders and former central bankers to lead new task forces.