Iran denies Hormuz ship attack as Trump warns of renewed bombing amid war talks
🔴 Tension RisingDaily Pioneer2026-05-07
Iran denied involvement in a ship attack in the Strait of Hormuz, while US President Trump warned of renewed American bombing if negotiations fail. The US military reportedly targeted an Iranian oil tanker in the Gulf of Oman. Global markets rose on hopes of a diplomatic breakthrough, but crude oil prices remained above $100 amid concerns over global energy supplies and shipping disruptions.