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Oil prices surged roughly 6 percent on Monday as Iran intensified attacks on the United Arab Emirates and vessels in the Middle East Gulf over the past 24 hours, marking the most serious escalation since a U.S.-Iran ceasefire took effect in early April. MORE..

5 May 2026 (9:33 AM)

President Donald Trump warned [Iranian forces that they would be blown off the face of the Earth if they attempted to target US ships in the Strait of Hormuz or Persian Gulf. MORE..

5 May 2026 (7:41 AM)

The United Arab Emirates on Monday accused Iran of attacking an empty crude oil tanker belonging to the Abu Dhabi state oil firm ADNOC with drones as it attempted to pass through the Strait of Hormuz. MORE..

4 May 2026 (8:29 PM)

The US military said it fired on Iranian forces and sank six small boats targeting civilian ships as it moved to reopen the Strait of Hormuz on Monday. MORE..

5 May 2026 (9:31 AM)

President Donald Trump says the US has struck seven Iranian �fast boats� in the Strait of Hormuz, as Washington seeks to guide stranded ships out of the Gulf through the largely closed waterway. MORE..

5 May 2026 (7:37 AM)

An explosion and fire occurred Monday on a South Korean-linked vessel at the Strait the Hormuz, according to spokesperson from the South Korean Foreign Ministry. MORE..

4 May 2026 (10:11 PM)