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Trump’s Strait of Hormuz Plan Faces Market Doubts As Oil Prices Keep Climbing

May 4, 2026 | Business

The White House is pushing a new strategy to ease the worsening energy crisis tied to the closure of the Strait of Hormuz. But traders, shipping executives, and analysts are signaling they are far from convinced. Even after President Donald Trump unveiled “Project Freedom,” a military-backed effort aimed at restoring shipping access through one of […]

USS Truxtun, USS Mason Face Iranian Barrage In Strait Of Hormuz During Project Freedom

May 4, 2026 | Iran issues

Two U.S. Navy destroyers sailed through one of the world’s most dangerous waterways Monday while under what officials described as a “sustained barrage” from Iranian forces, escalating tensions in the Strait of Hormuz and pushing the fragile ceasefire closer to collapse. The guided-missile destroyers USS Truxtun and USS Mason reportedly faced waves of drones, missiles […]