The U.S.–Iran standoff over the Strait of Hormuz is deepening with talks stalled and a dual blockade cutting commercial shipping by over 90 percent, sending Brent crude to $111 a barrel. The Justice Department formally reclassified medical marijuana from Schedule I to Schedule III, a historic first that allows tax deductions for cannabis businesses but leaves recreational use untouched. Mali experienced its worst coordinated attack in over a decade, with the defense minister assassinated and Ru…