Oil Falls and Stocks Gain as Trump Changes Course in Strait of Hormuz

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

By The New York Times

US pauses ‘Project Freedom’ as Trump ‘scrambles’ for a solution to Hormuz impasse

US and Iranian forces clashed in the strait during the one-day mission to help commercial vessels through the waterway

US pauses plan to guide ships through the Strait of Hormuz

Donald Trump has said that the US military operation guiding ships through the Strait of Hormuz will be paused.

Why Trump's plan to guide ships safely through the Strait of Hormuz may be 'extraordinarily' difficult

The U.S. plan to safely escort hundreds of stranded ships from the Strait of Hormuz could face major difficulties, including the ongoing threat of Iranian missile attacks and challenge of navigating through thousands of mines planted in the sea, analysts say.

How China-Gulf ties can turn energy vulnerability into sustainability

For decades, the Strait of Hormuz has been a narrow passage with a big footprint. Whenever it comes under tension, the world is reminded that energy security is less a policy construct than an everyday reality for Asia’s economies, factories and prices. For China, Japan, South Korea, India and Southeast Asia, it has always been more than just a Middle Eastern problem. It is an Asian economic issue. This is why we should not interpret the latest Gulf tensions solely in terms of naval forces,...

By Mohamad Zreik

Oil prices fall as Trump pauses Project Freedom to seek final peace deal with Iran

Wall Street had already set records on Tuesday, with the S&P 500 rising 0.8 per cent to a new all-time high

By Stuti Mishra

Man charged in US with stealing $450 million from Mexican billionaire in loan scheme

‘A deal is a deal’: EU demands U.S. respect tariff pact

'The president decided that if the Europeans aren't implementing the deal right now, then we don't have to implement all of it either at this time': Trump trade representative

By AFP

US urges China to help reopen strait of Hormuz as Trump-Xi meeting nears

US to close consulate in Pakistan's Peshawar, cites 'safety of diplomatic personnel'

According to the state department, the US administration's policy priorities in Pakistan remain “steadfast despite the change in physical presence in Peshawar”.

Trump pauses effort to escort ships in Strait of Hormuz citing deal progress– and Pakistan's mediation efforts continue

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US Unveiled Plan To Reopen Hormuz Hours Before Trump Shelved It

That decision - which Trump said he made at the request of mediator Pakistan - suggested the president didn't want to risk another flareup in violence.

Trump suspends “Project Freedom” to test prospects for Iran agreement

President Donald Trump said on Tuesday he would briefly pause an operation to help escort ships through the Strait of Hormuz, citing “great progress” toward a comprehensive agreement with Iran. Hours earlier, U.S. Secretary of State Marco Rubio had outlined the effort that began on Monday to escort stranded tankers out of the Gulf. The […]

US, Bahrain push UN-backed action for Hormuz as Rubio urges against vetoes

Diplomats said Washington hopes to close negotiations quickly, with the aim of circulating a final draft by May 8 and holding a vote early next week.

Almost 75% of Irish say EU should be less reliant on US

Nearly three quarters of Irish people believe the EU should seek greater independence from the United States, an island-wide poll on attitudes to the European Union has suggested.

[Allison Schrager] The US economy’s only hope

If you take the long view, America’s economic outlook is pretty bleak. Like a lot of rich countries, it is overwhelmed by debt it has no plans to reduce. Even more troubling is its aging population, which will reduce growth and leave fewer people to pay all that debt. There is only one hope: a sudden increase in productivity that will boost growth so much it will pay for everything. As it happens, that is precisely the promise, or one of them, of AI. But what are the chances of it coming true? T

By The Korea Herald

Trump pauses day-old Hormuz operation in latest push for Iran deal

The so-called "Project Freedom" was supposed to help vessels depart the Strait of Hormuz under US guard.

People across the US are ‘speed-running’ into Scientology buildings

The church is alleging that the pranks constitute hate crimes

By Justin Klawans, The Week US

Trump pauses effort to escort ships in Strait of Hormuz, citing deal progress

'Operation Epic Fury is concluded,' says US Secretary of State Marco Rubio

By Reuters

Dar upbeat on Iran-US talks progress

Mediation reports advancement; final decision awaited from both sides

By Our Correspondent

Trump says 'Project Freedom' on Hormuz to be paused in push for Iran deal - The Daily Star

Trump says 'Project Freedom' on Hormuz to be paused in push for Iran deal  The Daily Star

NIH Virologist Vincent Munster Caught Smuggling Deadly Viruses Into U.S., FBI Investigating

NIH Virologist Vincent Munster Caught Smuggling Deadly Viruses Into U.S., FBI Investigating Authored by Paul D. Thacker via The DisInformation Chronicle, Since the COVID pandemic landed on American shores in early 2020, virologists and allied science writers have engaged in a vociferous propaganda campaign to deny the dangers of virus experiments. When Nature Magazine published a 2021 article minimizing a Wuhan lab accident as the pandemic’s cause, science writer Amy Maxmen quot...

By Tyler Durden

UN reports surge in Israeli attacks in Gaza despite cease-fire

The United Nations said Tuesday that Israeli attacks and security incidents in the Gaza Strip have surged over the past week despite a cease-fire, with humanitarian facilities repe...

FG steps up diplomatic push to reverse Nigeria’s ‘Country of Particular Concern’ designation

The federal government is intensifying diplomatic efforts to secure the reversal of Nigeria’s Country of Particular Concern, CPC, designation by the United States, citing progress in bilateral security and regional stability cooperation. The post FG steps up diplomatic push to reverse Nigeria’s ‘Country of Particular Concern’ designation appeared first on Vanguard News.

By olufemiajasa

Oil prices ease as US pauses Project Freedom to seek deal with Iran

Oil prices edged lower in Wednesday trade in Asia after US President Donald Trump raised hopes for an agreement with Iran to end the war.

By Abubakar Ibrahim