← Latest news 
Trump insists ceasefire holds as US Iran clashes roar in Gulf and Hormuz
International
Published on 8 May 2026
Both sides traded blame as oil jumped past $100
U.S. and Iranian forces clashed in the Gulf and the Strait of Hormuz, each accusing the other of breaching a ceasefire. The flare-up followed renewed attacks involving the UAE, even as President Donald Trump said diplomacy remains on track and the ceasefire is holding. The crisis has also pushed oil prices above $100.
- US and Iran clashed in the Gulf and Strait of Hormuz
- Both sides claim the ceasefire was breached by the other
- Trump says talks are still on track despite renewed fighting
- Oil prices surged above $100 amid rising tensions
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times