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The US military fired on an Iranian oil tanker in the Gulf of Oman on Wednesday as US President Donald Trump intensified pressure on Tehran to reach a deal ending the war. MORE..

7 May 2026 (8:24 AM)

Oil prices extended losses on Thursday as investors weighed the prospects for a Middle East peace deal that could ease supply concerns and pave the way for the gradual reopening of the Strait of Hormuz. MORE..

7 May 2026 (5:35 PM)

Iran said on Wednesday it was reviewing a U.S. peace proposal that sources said would formally end the war while leaving unresolved the key U.S. demands that Iran suspend its nuclear program and reopen the Strait of Hormuz. MORE..

7 May 2026 (7:50 AM)