Oil Down, Stocks Up As Continued Kharg Chaos Battles Easing Hormuz Holdups

For color on today's main events in the Middle East, see here. These are the headlines:

• Iranian retaliation accelerates, including use of cluster munitions, especially against Israel

• Gulf countries reported new attacks Sunday morning, a day after Iran called for the evacuation of three major ports in the United Arab Emirates.

• Iran says it targeted U.S. forces at Saudi base with missiles

• Israel reportedly running low on missile interceptors

• World's largest Aluminum smelter shutdown

• Iran arrests 500 accused of spying for Israel amid escalating conflict

• Araghchi said the strait was only shut to US ships and those of its allies

• Trump not ready to reach a deal with Iran yet