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The Strait of Hormuz trade route remains effectively shut, disrupting the global energy shipments.
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;Resize=(620)) May 10, 2026 | Four Canadians from a cruise ship with a deadly hantavirus outbreak fly home to isolate. Trump says Iran's peace plan response is ‘totally unacceptable.' And, Go Public uncovers how WestJet may be avoiding compensating passengers for cancelled flights.
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Iran delivered its response to Pakistani mediators on Sunday, according to the state-run Islamic Republic News Agency.
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Oil prices jumped on Monday after Israel warned that the conflict with Iran was still ongoing.
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Washington has sought to press Beijing to lean on Tehran to reopen the strait, though China's appetite to act as a pressure mechanism remains unclear.
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Investors headed into Monday on edge as Trump's rejection of Iran's ceasefire proposal fueled concerns about a prolonged Middle East conflict.
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U.K. Prime Minister Keir Starmer's Labour party suffered major losses in local elections held across Britain last week. So far, Starmer has rejected calls for his resignation.
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Aramco says its East-West pipeline has helped to mitigate the energy shock caused by the Iran war.
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Thaksin seems incapable of taking a back seat. This time, it really could be different.
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Beijing could turn instability in the Middle East into a strategic gain
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