Oil Prices Tumble, Stocks Jump After Iran Says Strait of Hormuz Is Open

Plus: Ford is recalling up to 1.4 million F-150 pickups. And Anthropic’s CEO is scheduled to visit the White House as the AI company tries to ease tensions with the Trump administration. Pierre Bienaimé hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.