Live: Trump says no damage done to US destroyers, urges Iran to sign deal fast Tensions Simmer in Hormuz Strait as Trump Declares US Destroyers Undamaged, Urges Swift Iran Deal May 9, 2026 — In a statement that underscores the fragile equilibrium in the Middle East, US President Donald Trump announced today that three American destroyers which recently transited the Strait of Hormuz...

OPEC+ Cuts Fuel Supply Amid 2026 Geopolitical Tensions, Driving Up Global Petrol Prices OPEC+ Cuts Fuel Supply Amid 2026 Geopolitical Tensions, Driving Up Global Petrol Prices In March 2026, OPEC+ announced a surprise production cut of 1.2 million barrels per day, citing ongoing instability in key supply routes across the Middle East and renewed sanctions pressure on Russian energy exports....