Iran Reverses on Strait of Hormuz, 8 Children Killed in Louisiana, and a Japanese Mega-Quake #shorts

Oil prices climbed more than 5% and Wall Street veered toward losses as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz. Iran reversed a decision to reopen the waterway over the weekend. President Donald Trump said a U.S. Navy blockade of Iranian ports remains in effect. Officials and relatives say a man killed eight children, including seven of his own, and shot two women in two homes in Shreveport, Louisiana. The violence Sunday was the nation's deadliest shooting in more than two years. One child escaped by jumping off the roof of a house and is expected to survive. And Japan has issued an advisory for northern coastal areas for an increased risk of a possible mega-quake following a 7.7-magnitude quake earlier Monday. Officials said there is 1% chance for a mega-quake occurring in the area over the next week or so.