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Saudi Arabia and Kuwait have lifted restrictions on US military use of their bases and airspace, clearing the way for Washington to potentially resume “Project Freedom,” an operation aimed at securing commercial shipping through the Strait of Hormuz.

2026-05-08

Saudi Arabia and Kuwait have lifted restrictions on US military use of their bases and airspace, clearing the way for Washington to potentially resume “Project Freedom,” an operation aimed at securing commercial shipping through the Strait of Hormuz. The restrictions were imposed after Gulf states raised over Iranian attacks and concerns questioned whether the US would adequately regional allies. The operation had been paused after 36 hours defend following discussions between President Donald Trump and Saudi Crown Prince Mohammed bin Salman. US officials said commercial vessels could again be escorted through mine-cleared corridors protected by American naval and air assets.

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CHINA C.BANK: NET INJECTED 366.7 BLN YUAN VIA OTHER STRUCTURAL MONETARY POLICY TOOLS IN APRIL
2026-05-08

International Energy Agency Executive Director Fatih Birol: In the wake of the Iran crisis, Canada is clearly an ideal choice as countries seek new energy trading partners.

International Energy Agency Executive Director Fatih Birol: In the wake of the Iran crisis, Canada is clearly an ideal choice as countries seek new energy trading partners.
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