
Iran's reopening of the Strait of Hormuz lasted less than 24 hours. The Islamic Revolutionary Guard Corps declared on Saturday that it had reimposed strict control over the maritime corridor, through which roughly one-fifth of the world's oil and liquefied natural gas transits. At least two vessels reported being hit by gunfire while attempting to cross the strait, according to three maritime security sources cited by Reuters. It has not been confirmed whether the shots caused damage.
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Iran announced on Friday that the Strait of Hormuz will remain fully open to merchant shipping until the ceasefire with the United States expires next Wednesday. The decision, linked to the start of the 10-day truce between Israel and Lebanon announced by Trump on Thursday, triggered an immediate drop in oil prices of nearly 10% and strong relief across global markets.
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US President Donald Trump said on Thursday that Washington is very close to reaching a deal with Iran and announced that Israel and Lebanon have agreed to a 10-day ceasefire, in a day that combined diplomatic overtures with explicit threats to resume hostilities if Tehran does not accept American terms.
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US President Donald Trump on Wednesday threatened to fire Federal Reserve Chair Jerome Powell if he does not leave when his term expires on May 15. Well then, I'll have to fire him, Trump said in an interview on Fox Business. I've held back firing him. I've wanted to fire him, but I hate to be controversial. I want to be uncontroversial, but he will be fired.
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US President Donald Trump on Tuesday turned on Italian Prime Minister Giorgia Meloni, until recently his closest ally in Europe, in a phone interview with the Italian daily Il Corriere della Sera. I thought she had courage, but I was wrong, Trump said, criticizing Meloni for refusing to involve Italy in the war against Iran and for calling his attacks on Pope Leo XIV unacceptable.
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The US Treasury Department on Tuesday lifted financial sanctions on Venezuela's Central Bank and three other state-owned banking institutions, in the most significant easing of the punitive regime in place since 2017. On the same day, Treasury Secretary Scott Bessent publicly endorsed efforts by the International Monetary Fund to reintegrate Venezuela into the international financial system.
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Two oil tankers reversed course as they approached the Strait of Hormuz on Monday, just hours after the US naval blockade against Iranian ports took effect, according to maritime tracking platform MarineTraffic. Brent crude for June delivery closed up 4.4% at $99.36 per barrel, while US benchmark WTI rose 2.6% to $99.08, according to Bloomberg.
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US President Donald Trump on Monday deleted from his Truth Social account an AI-generated image depicting himself as Jesus Christ healing a sick person. The post, which remained visible for more than 12 hours, drew sharp criticism from Catholic organizations, conservative figures and members of his own party, who called it blasphemous.
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By Mike Martin MP - “We’re all one people … to all of you down there on Earth … we love you”. Listening to the crew of Artemis over the last week has been a refreshing reminder of a part of America’s soul. Deep inside, it is a country that holds the highest ideals about individual spirit and endeavour, and the potential of humanity when we work together. Hearing the astronauts with my four-year-old daughter has been inspiring and awesome.
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Opposition leader Péter Magyar won Hungary's parliamentary elections on Sunday in a landslide that ends Viktor Orbán's 16 consecutive years in power. With 97% of votes counted, Magyar's Tisza party secured 138 of 199 parliamentary seats — a two-thirds supermajority granting the power to amend the constitution. Orbán's Fidesz won 55 seats, while the far-right Our Homeland party took six.
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