May 8, 2026, 10:36 GMT
President Donald Trump insisted the ceasefire with Iran remains “in effect” even as fresh clashes erupted in the Strait of Hormuz, where Iranian forces claimed drone shootdowns and a Maltese-flagged vessel was struck, injuring several crew. The US responded with new sanctions targeting Iran’s oil smuggling networks, while Trump warned of “more violent” retaliation if Tehran refuses a peace deal. The fragile truce continues to hang by a thread as regional tensions escalate and global energy markets brace for further disruption.
(Source – Al Jazeera)
—Agencies
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