The U.S. Blockade of the Strait of Hormuz Has Begun

Plus: Goldman Sachs reports a record quarter in banking and trading. And Google is expected to lose its digital-ad crown to Meta. Anthony Bansie 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.