Politics
US-Iran Ceasefire in Crisis
President Trump described the U.S. ceasefire with Iran as being on 'life support,' dismissing Tehran’s counteroffer. The situation remains tense, with oil markets also affected by ongoing tensions in the Strait of Hormuz.
Coverage timeline — 2 articles
The Hill
President Trump described the U.S. ceasefire with Iran as being on “life support” in the Oval Office on Monday after he dismissed Tehran’s counteroffer on nuclear talks. “It’s unbelievably weak,” Trump told reporters when asked if the ceasefire with Iran remains in place for the time being. “I wou
2026-05-11 16:18 UTC
CNBC
Oil inventories are rapidly drawing down as the Strait of Hormuz remains close, Saudi Aramco CEO Amin Nasser said.
2026-05-11 16:49 UTC