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The most produced American military aircraft of World War II was not a small fighter, a trainer, or a simple utility airplane — it was a complex four-engine heavy bomber called the B-24 Liberator. Over the course of five years, American industry produced a staggering 18,482 of these bombers, and the

Oil surged by the most since April after US President Donald Trump said he would reimpose a blockade on Iranian ships transiting the Strait of Hormuz and demand payment for all other cargo moving through the waterway, dashing hopes for a near-term recovery in shipping flows.

A standoff between the US and Iran lifted oil prices, with stocks joining bonds lower after clashes over the Strait of Hormuz raised concerns about a disruption in energy supplies that could fuel inflation.