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Oil prices rose about 5% on Monday after Iran s Fars news agency reported an incident with a U.S. warship in the Strait of Hormuz, sparking concerns over a prolonged disruption in the vital oil transit route. MORE..

4 May 2026 (6:20 PM)

Kuwaiti crude oil exports tumbled from more than one million barrels a day to zero in April, according to Iranian media, marking the �first such disruption� since the end of the Gulf War in 1991. MORE..

4 May 2026 (7:52 PM)

The US military �blew up� six small Iranian boats in the Strait of Hormuz on Monday after Iran launched �multiple cruise missiles, drones and small boats� at US Navy ships and at commercial ships being �protected� by the US military, US Central Command chief Adm. Bradley Cooper told reporters. MORE..

4 May 2026 (11:50 PM)