Wall Street’s Big Week for Earnings and Economic Data

Strait of Hormuz Ship Traffic Falls to Lowest Point in a Month After Strikes

Shipping activity plummeted after Iran attacked a ship, setting off U.S. strikes. Little crude oil is being transported through the critical waterway.

For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.

The chief executive of Volkswagen has confirmed plans to cut 50,000 more jobs despite the carmaker’s supervisory board rejecting his plan to shut four factories in Germany. Oliver Blume...