Doug Krisner

And at the same time today, Texas Republican Congressman Tony Gonzalez said he plans to retire from the House on Tuesday.

This announcement comes weeks after Gonzalez admitted to having an affair with a staff member.

President Trump's naval blockade of the Strait of Hormuz is underway.

It cuts off vessels from transiting the vital waterway to and from Iranian ports and coastal areas.

Now, this move came in response to failed negotiations over the weekend between the U.S.

and Iran.

Even so, today, Trump said Iran still wants to make a deal.

Here is Trump on what happened over the weekend.

But now we are hearing the U.S.

and Iran are in discussions about holding another round of face-to-face negotiations for a longer-term ceasefire.

We are told the goal is to hold fresh talks before a two-week ceasefire announced on April 7th expires, with one idea being a return to Islamabad for a second round of negotiations.

The stock market closed at session highs today after President Trump's remarks, with the S&P finishing up 1%.

And with that gain, the S&P 500 has erased all its losses since the war in Iran began, just 30 trading days since the onset.

Here's Max Wasserman, senior portfolio manager at Miramar Capital.

That is Max Wasserman of Miramar Capital speaking on the Bloomberg Businessweek Daily Podcast.

The leaders of the International Energy Agency, the International Monetary Fund, and the World Bank met today in Washington, where they discussed responses to the impact of the war in the Middle East.

Here is IMF Director Kristalina Georgieva.

That is IMF Director Kristalina Georgieva.

Today, President Trump was forced to explain why he posted a picture of himself as a Jesus Christ-like figure.

The image was of Trump in robes in front of an American flag, placing a glowing hand over a sick man lying in bed as if healing him.