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đź“…May 8, 2026 at 1:00 PM
US-Iran forces clash in Strait of Hormuz amid fragile ceasefire; Trump's global tariffs ruled unlawful; EU-US trade talks stall; oil prices waver; global health and economic updates.
1

US and Iran Exchange Fire in Strait of Hormuz

US forces intercepted Iranian missiles, drones, and boats targeting US Navy destroyers USS Truxtun, Rafael Peralta, and Mason during transit. CENTCOM responded with strikes on Iranian military sites, denying escalation intent. Iran claims retaliation against US attack on its oil tanker and ceasefire violations. Source 1Source 2Source 4

2

President Trump Insists Ceasefire Remains Intact Despite Clash

Trump signaled the ceasefire with Iran holds despite overnight fire exchange near Hormuz. CENTCOM confirmed no US assets struck and readiness to protect forces. Oil prices waver as Washington awaits Tehran's response on potential war-ending deal. Source 1Source 4

3

Federal Court Rules Trump's 10% Global Tariffs Unlawful

A federal trade court declared President Trump's 10% tariffs on global imports unlawful in a narrow decision for certain plaintiffs. Treasuries hold steady ahead of April payrolls report. The ruling risks Trump's tariff policy. Source 1

4

Iran Claims Significant Damage to US Ships in Retaliation

Iran's military stated it inflicted major damage on US ships after US targeted an Iranian oil tanker in territorial waters. They accused US of ceasefire violations including airstrikes on Qeshm Island with regional allies. Iran vows crushing response to future aggression. Source 2

5

EU-US Trade Talks Fail on Tariff Elimination Deal

European Parliament and member states couldn't agree to eliminate EU tariffs on US industrial goods under Turnberry agreement. US threatens 25% tariffs on EU cars exceeding prior limits set by Trump and von der Leyen. New talks scheduled for May 19 amid positive momentum. Source 3

6

Oil Wavers After US-Iran Clash Near Strait of Hormuz

Oil prices fluctuate following the naval clash as a Malta-flagged tanker with 1M barrels arrives safely in South Korea after leaving Hormuz. Tensions strain fragile truce between Washington and Tehran. A Chinese tanker was also reportedly attacked. Source 1Source 6

7

USCENTCOM Eliminates Iranian Threats in Self-Defense

CENTCOM targeted Iranian missile/drone sites, command centers, and surveillance nodes after unprovoked attacks on US warships. No US losses reported during Strait transit to Gulf of Oman on May 7. Forces positioned to protect American interests without seeking escalation. Source 2

8

Global Efforts Expand to Trace Hantavirus Cruise Ship Passengers

Multiple countries trace passengers from hantavirus-affected cruise ship. Researchers identify four more sailors from 1845 Franklin expedition. Carney's resource project speedup plan draws mixed reactions in Canada. Source 5

9

EU Prepares Strict Sustainability Laws for Fashion Companies

Fashion firms gear up for new European sustainability regulations. Russia readies Victory Day celebrations fearing Ukrainian drone strikes. David Attenborough celebrates 100th birthday. Source 4

10

Protests in Japan Over Lifting Arms Export Restrictions

Japanese protests erupt against eased arms export limits. US immigration crackdown intensifies. EU-US negotiators eye safeguards against future Trump tariff threats like on cars or Greenland. Source 3Source 4