The Strait of Hormuz waterway remains effectively shut, severely disrupting global energy shipments.
Similar stories
3 outlets
See how this story developed, hour by hour
Iran war live: Trump slams Iranian proposal as ceasefire hangs by a thread
aljazeera.com
12.05.2026
Gold and silver prices today, Monday, May 11: Gold and silver down this morning after Trump rejects Iran's peace plan
finance.yahoo.com
11.05.2026
Trump calls Iran response to US proposal to end war 'totally unacceptable'
bbc.com
11.05.2026