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FT.com - Financial MarketsMay 07, 2026
Oil falls back below $100 on hopes of US-Iran deal
Tehran is reviewing a Washington-backed proposal that Donald Trump says could bring the conflict to an end

FT.com - China, Economy & TradeMay 07, 2026
What will Trump's war on Iran mean for global trade?You asked, Alan Beattie answered
The FT's trade columnist replied to reader questions

Google Business NewsMay 07, 2026
Trump's Strait of Hormuz reversal and elections in Britain: Morning Rundown - NBC News
Trump's Strait of Hormuz reversal and elections in Britain: Morning Rundown  NBC NewsTrump administration sows confusion as it tries to reopen Strait of Hormuz  AP NewsTo avoid risk of mines, Navy directs ships on path farther from Iran in Strait of Hormuz  CBS NewsOpinion | Why Trump's ‘Project Freedom' to reopen the Strait of Hormuz fell apart  MS NOW

NYTimes BusinessMay 06, 2026
Oil Tumbles as Investors Grow Hopeful Turmoil in Gulf May Be Easing
Oil prices fell and stocks rose after President Trump's about-face to pause the U.S. operation to escort commercial ships through the Strait of Hormuz

Google Market NewsMay 06, 2026
Stocks perched on record peak, dollar defensive on peace hopes - Reuters
Stocks perched on record peak, dollar defensive on peace hopes  ReutersJapan's Nikkei 225 tops 62,000 for the first time as Asia markets look past Trump's Iran threats  CNBCJapan's Nikkei blazes past 63,000 on earnings, Iran peace optimism; JGBs rally  Yahoo FinanceHopes for reopening the Strait of Hormuz push world shares higher, as Brent crude holds above $100  AP News

Google Market NewsMay 06, 2026
Indiana Republicans who lost their jobs after bucking Trump have ‘zero regrets' - NBC News
Indiana Republicans who lost their jobs after bucking Trump have ‘zero regrets'  NBC NewsTrump gets revenge, and other takeaways from Tuesday's Indiana and Ohio primaries  CNNAfter Trump-backed rout, what's next for the Senate?  AxiosTrump punishes Indiana Republicans; Is US nearing an Iran deal? Join the live discussion  The Hill
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