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US President Donald Trump reportedly called it a "love tap", while Iranian state media said after the strikes that the situation was back to normal.

08/05/2026

Oil prices jump on renewed US-Iran hostilities

The US said it carried out retaliatory strikes on Iran, targeting sites responsible for attacking US forces while the Iranian military said the US had targeted two ships in the Strait of Hormuz and attacked civilian areas.

08/05/2026

US trade court rules against Trump's global 10% tariff

The ruling by the US Court of International Trade blocks the tariffs from being implemented against two companies and the state of Washington.

08/05/2026

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