Trump threatens to blow Kharg Island ‘to smithereens’ as U.S. and Iran trade fresh strikes in the Gulf, driving up the price of oil

Good morning. On Fortune’s radar today:

• Temu funds an army of fake accounts on Instagram and Facebook.
• Iran and the U.S. resume hostilities in the Gulf.
• Markets: Oil up, stocks mixed.
• Stocks go up as Trump’s ratings decline, Bank of America says.
• AI’s building boom is big, not bubbly.
• People are using LinkedIn to find and screen their dates.

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This story was originally featured on Fortune.com