Fearing Iranian retaliation, Saudi Arabia tries to push the U.S.
To give up its Hormuz blockade.
Plus a pair of congressional resignations as Eric Swalwell and Tony Gonzalez agree to leave the chamber.
And we'll crunch the numbers on millennials' claim that they got the short end of the economic stick.
They were not wildly different, which may surprise some people.
The complaint that millennials today are making way less than boomers just doesn't really bear out in the data.
It's Tuesday, April 14th.
I'm Luke Vargas for The Wall Street Journal,
and here is the AM edition of What 's News, the top headlines and business stories moving your world today.
Saudi Arabia is pressing the U.S.
To end its blockade of the Strait of Hormuz,
fearing that the move could trigger Iranian retaliation and the disruption of other key shipping routes.
Saudi Arabia was recently able to get its oil exports back to pre-war levels by piping
it across the desert to the Red Sea.
However, we report that officials there worry that Iran could lash out against the blockade
by attacking the Bab al-Mendeb Strait at the mouth of the sea.
Iranian-allied Houthi rebels in Yemen severely disrupted traffic through that strait during the Gaza War,
but have thus far largely stayed out of the current conflict.
Instead of risking a Houthi entry into the fight, Saudi officials are urging the U.S.
To return to the negotiating table with Iran,