Morning Briefing Americas

Iran Gunboats Menace Strait of Hormuz

Here’s what you need to know to start your day
A tanker anchored in the Strait of Hormuz off the coast Qeshm island, Iran, on April 18.Photographer: Asghar Besharati/AP Photo

Good morning. Ships come under fire near the Strait of Hormuz as US-Iran talks stall. A heated rivalry is brewing in prediction markets. And we look at Monaco’s dirty money problem. Listen to the day’s top stories.

— Marc Perrier