The first flights out of Dubai were cleared to depart since the U.S. and Israel attacked Iran, but service is ' limited .' It comes after more than 11,000 flights were canceled in the Middle East. Oil prices jumped after Iran reportedly said it had closed the Strait of Hormuz. Crude oil prices were up more than 8% on Monday, as market participants feared that war between the U.S. and Iran would spiral out of control and lead to major supply disruptions. Apple launched a lower-cost iPhone 17e