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Trump Signals Iran War Deal ‘Soon’ as Strait of Hormuz Stays Open, Easing Market Fears

                                   U.S. President Donald Trump said a deal to end the Iran war could come “soon,”   President Donald Trump said a deal to end the Iran war could come “soon,” a comment that helped calm global markets as the vital Strait of Hormuz remains open to commercial shipping. The waterway, which handles roughly one‑fifth of the world’s oil supply, has been a central concern for investors since the conflict began. With tankers continuing to move through the strait, oil prices have stabilized after weeks of volatility. Analysts note that even the perception of reduced risk in the region can ease pressure on global inflation, particularly in energy‑dependent economies like Canada. For Canadian households, a more stable oil market could help limit further increases in gasoline, transportation, and food costs. Equity markets reacted cautiously but positively,...
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Yemen’s Houthis Target Ships Linked to US, UK, and Israel

 

In a series of military operations, Yemen’s Houthi group targeted four ships across different seas, claiming they were linked to the United States, the United Kingdom, and Israel. Here are the details:

  1. Israeli Ship MSC Unific: The first operation took place in the Arabian Sea, where the Houthi forces targeted the Israeli cargo ship MSC Unific.

  2. U.S. Oil Tanker Delonix: In a second operation, the Houthi forces struck the U.S. oil tanker Delonix, which was sailing in the Red Sea.

  3. U.K. Landing Ship Anvil Point: The third operation occurred in the Indian Ocean, where the Houthi forces targeted the U.K. landing ship Anvil Point.

  4. Mediterranean Sea Incident: The fourth operation involved a ship identified as the “Lucky Sailor” in the Mediterranean Sea.

Yemen’s Iran-aligned Houthi group has been launching drone and missile strikes in shipping lanes since November, expressing solidarity with Palestinians in Gaza. However, Reuters has not independently verified these claims.

These attacks highlight the ongoing tensions in the region and the geopolitical implications surrounding maritime security. The situation remains fluid, and international authorities are closely monitoring developments.

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