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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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U.S. Military Sinks Suspected Narco-Terrorist Vessel Departing Venezuela

 

A drone view of the US Navy guided missile destroyer theUSS Sampson DDG-102 docked near the entrance to the Panama Canal, amid a large buildup of U.S. naval forces in and around the Southern Caribbean.


The U.S. military has carried out a lethal strike in the southern Caribbean against a vessel allegedly transporting illegal drugs from Venezuela, officials confirmed on Tuesday. President Donald Trump announced the operation during remarks at the White House, stating that American forces had “shot out a boat” carrying a significant quantity of narcotics.

According to Secretary of State Marco Rubio, the targeted vessel was operated by a designated narco-terrorist organization and had departed Venezuelan waters. The strike marks the first known offensive action since the recent deployment of additional U.S. warships to the region as part of an intensified anti-drug mission.

The Pentagon has yet to release details on the method of the strike or confirm any casualties. Venezuelan officials have not publicly responded, though President Nicolás Maduro has previously condemned the U.S. naval buildup as a “criminal threat” to his country’s sovereignty.

The operation underscores escalating tensions between Washington and Caracas, with U.S. authorities accusing Maduro’s government of deep ties to drug cartels — allegations the Venezuelan leadership has repeatedly denied.


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