WORLD IN BRIEF: Strait of Hormuz tensions eases, French academic in fake prize probe, Mali militants and other stories
Business News Nigeria2026-05-07
Iran announced it would ensure safe passage through the Strait of Hormuz following a pause in US military operations, offering cautious hopes for de-escalation. President Trump suggested the conflict could end if Iran agrees to previously discussed terms, potentially reopening the strait to all shipping. China is urging the Strait of Hormuz to be reopened and is engaging diplomatically with Tehran ahead of a summit with Washington.