Trump 'Cautiously Optimistic' for Iran Deal, Delivers Ultimatum; Israel Targets Hezbollah in Strikes
🔴 Tension Risingcbn.com2026-05-07
President Trump expressed cautious optimism regarding a potential Iran deal while Israel conducted a military strike against Hezbollah. Despite talks, Trump issued a one-week ultimatum, threatening action if an agreement isn't reached. The developments led to falling oil prices and volatility in the S&P 500.