Oil pares gains on reports Iran has offered the US new terms to reopen the Strait of Hormuz, postponing nuclear negotiations to a later stage. The gunman accused of opening fire at the White House Correspondents' Dinner spent years buying weapons. While his exact targets and motives aren't yet clear - Bloomberg has seen a manifesto where he appears to call President Trump a traitor. And Kevin Warsh's confirmation as Fed Chair clears another hurdle, after Republican Senator Thom Tilles drops his