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Lebanon emerges as the key sticking point for the sea spire as Israel continues to hammer

Beirut. Plus, we look at the economic fallout of the war with Iran with the full impact

yet to come.

We went into the home spring selling season with mortgage rates finally dipping down below

6 percent. People were very optimistic. And as soon as the war started, rates went back up.

People have gotten skittish and gotten scared.

And how the creators of AI are trying to avert a public backlash.

It's Wednesday, April 9th.

I'm Daniel Bach for the Wall Street Journal, filling in for Luke Vargas.

And here's the AM edition of What's News, the top headlines, and business stories moving your world today.

Global markets are selling off and oil prices have shot back up as shipping traffic through the Strait of Hormuz remains choked off amid the tentative ceasefire with Iran.

Tehran is limiting the number of ships crossing the street to around a dozen a day and has said it will start charging tolls.

But world leaders are pushing back. Here's UK Foreign Minister of Eck Cooper, speaking to the BBC's

Radio 4 Today program. There may be territorial waters there, but there is also an international shipping route

and an international transit route, which means that freedom of navigation principles apply.

And that countries cannot simply hijack those kinds of international transit routes and

...