Oil sinks and stocks rally on peace hopes, Samsung tops $1 trillion

Investors welcomed Donald Trump's decision to pause efforts to help stranded ships through the crucial waterway, which drew Iranian attacks, threatening an already fragile ceasefire. The US president, who had been quoted as warning that Iran would be "blown off the face of the Earth" if it attacked US ships, appeared to take a more conciliatory tone Tuesday. "Project Freedom (The Movement of Ships through the Strait of Hormuz) will be paused for a short period of time to see whether or not the...