170 articles — keywords: Iran
Secretary of State Rubio declared Operation Epic Fury concluded while U.S. forces used Project Freedom to escort commercial ships through the contested waterway.
Defense Secretary Pete Hegseth said the ceasefire remains in place after Iran launched drones and missiles at the UAE earlier this week.
Iran says five civilians died when US forces struck passenger vessels traveling from Oman, a claim the US military has not yet responded to.
The bank's expected credit losses hit $1.3 billion, $400 million more than a year earlier, partly due to Middle East conflict exposure.
The UAE came under attack from Iranian drones and missiles as global markets fell sharply on fears of a prolonged war.
A drone attack set off a large fire at Fujairah, a key outlet for Abu Dhabi crude that bypasses the blocked Strait of Hormuz.
Brent crude closed at $114.44 per barrel after Iran fired 12 ballistic missiles, three cruise missiles and four drones at the Gulf state.
Iran called the move a ceasefire violation as two ships reported attacks near the strait on the same day.
Coal-fired power generation rose to 164.9 average gigawatts in April, up from 160.7 gigawatts a year earlier, as LNG imports through the Strait of Hormuz were disrupted.
The operation would deploy 15,000 troops, guided missile destroyers, and 100 aircraft to escort commercial vessels through the critical waterway.
Trump said Sunday that Iran's offer was "not acceptable," even as a cargo vessel reported being struck near the Strait of Hormuz.
The cold open also featured Colin Jost as Pete Hegseth, with both characters riffing on Iran, rising prices, and Trump administration credibility.
We use cookies to improve your experience and serve relevant ads. See our Privacy Policy for details.
