President Trump says he is in talks on building coalition to open up crucial waterway
Oil prices stabilise as Strait of Hormuz remains shut
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09/05/2026
- Middle East crisis day 70 as it happened: US strikes 2 Iranian-flagged oil tankers as ceasefire comes under new strains
- LNG carriers test Iran blockade in Strait of Hormuz
- The Federal Reserve is quickly running out of reasons to cut interest rates
- US Dollar Weekly Forecast: Dollar retreats as geopolitical fears ease, but Fed caution remains
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