Oil over $90. Trump demanded compensation from Iran

OIL PRICES EXCEEDED $90, AND HOPES FOR THE STRAIT OF HORMUZ WERE DASHED, LEADING TO THE FALL OF THE UNITED STATES STOCK MARKET FROM HISTORIC HEIGHTS. BRENT CRUDE OIL ROSE BY MORE THAN 6 PER CENT, CONTINUING THE MONDAY SURGE, AFTER TRUMP ASKED IRAN TO PAY COMPENSATION FOR THE VICTIMS OF ITS WAR. THE STANDARD & POOR ' S 500 INDEX IS 0.1 PER CENT LOWER THAN ITS HISTORICAL HIGH OF FRIDAY, AND THE 10-YEAR SOVEREIGN DEBT RETURN IS 4.70 PER CENT. THE MARKET LOOKS TO THE CPI DATA ON WEDNESDAY。