Morning Briefing Americas

Oil Prices Soar After US Seizes Iranian Ship

Here’s what you need to know to start your day
Oil tankers and cargo ships line up in the Strait of Hormuz as seen from Khor Fakkan, United Arab Emirates, in March.Photographer: Altaf Qadri/AP Photo

Good morning. Oil prices soar as Middle East tensions flare again. The fight for hedge fund talent reaches extreme levels. And how niche insurance shielded Bad Bunny from bad weather. Listen to the day’s top stories.

— Tiago Ramos Alfaro