Iran-U.S war ending, Strait of Hormuz to reopen on Saturday? Details here

🔴 Tension Rising The Economic Times 2026-05-08
US President Trump anticipates receiving Iran's response to Washington's latest proposal for ending the Middle East war tonight. While the US has revised the UN resolution, vetoes from China and Russia are likely to prevent an agreement. The US is intensifying economic sanctions against Iran's military industrial base and seeking to secure the safety of the Strait of Hormuz.
미이란외교석유제재유가영향중동안보핵사찰
Source: The Economic Times (m.economictimes.com)
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