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CNBC World NewsMay 07, 2026
Shell CEO says oil market is short nearly 1 billion barrels due to Iran war and the hole deepens every day
The Strait of Hormuz remains closed as the oil market hopes the U.S. and Iran will strike a deal that could restore energy shipments.

NYT Middle EastMay 07, 2026
U.S. and Iran Trade Strikes as Tensions in Strait of Hormuz Rise
The escalating attacks raise the threat that the cease-fire could break down.

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Washington Post World NewsMay 07, 2026
U.S. strikes Iran in response to attacks on warships, military says
The "self-defense strikes" followed attacks on three American naval vessels, though none of the warships was hit, U.S. Central Command said in a statement.

NYT Middle EastMay 07, 2026
Israel Says It Killed a Hezbollah Chief Near Beirut, Testing the Truce
The strike was the first near the Lebanese capital since a cease-fire that has curbed fighting but not halted it. Washington is pushing for a lasting peace, hoping it will ease diplomacy with Iran.

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Israel strikes Beirut suburbs, threatening already shaky ceasefire (Washington Post World News)
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