BUDAPEST, Hungary — Hungary’s government will declassify a national security report that the populist prime minister says will prove his main political challenger received illegal financing from Ukraine, a minister said Thursday. Prime Minister Viktor Orbán faces the biggest political challenge of his career in next month’s elections, where he is trailing in most polls...

The U.S. Navy is not ready to escort oil tankers through the Strait of Hormuz, Energy Secretary Chris Wright told CNBC in an interview Thursday. “It’ll happen relatively soon but it can’t happen now,” Wright said. “We’re simply not ready. All of our military assets right now are focused on destroying Iran’s offensive capabilities and...