World
Iran-US Tensions Escalate in Gulf
Oil prices surged after a clash between US and Iran in the Hormuz Strait, further jeopardizing an extended ceasefire. Markets in Asia-Pacific also reacted negatively to renewed tensions.
Coverage timeline — 2 articles
CNBC
Asia-Pacific markets open lower Friday, as concerns grew over renewed hostilities between Iran and the U.S. amid a fragile ceasefire.
2026-05-08 00:11 UTC
BBC News
The flare-up further endangers the US-Iran ceasefire, which Trump extended indefinitely on 21 April.
2026-05-08 00:14 UTC