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Trump says the U.S.
Blockade of Iranian shipping is back on and oil prices jump.
Plus, Goldman Sachs' top lawyer was going to step down after she was named in the Epstein files.
Instead, she's actively involved in choosing her successor, and she's testifying to Congress this week.
There has been concern inside Goldman about the impact that this could have on the reputation of Goldman Sachs.
And a dozen states are trying to stop the Paramount-Warner Brothers merger.
It's Monday, July 13th.
I'm Alex Osalev for The Wall Street Journal.
This is the PM edition of What's News, the top headlines and business stories that move the world today.
We begin tonight's show with the latest on the Middle East,
where a standoff over who controls the Strait of Hormuz has led to days of fighting between the U.S.
And Iran.
President Trump said today that he was reimposing the U.S.
Blockade on Iranian shipping.