Day 478
May 12, 2026
1 incident
- War Crime / Crime Against Humanity Military Overreach
Bloomberg reports ceasefire 'fragile' as oil markets react
Oil prices rise on fears that a breakdown of the ceasefire could close the Strait of Hormuz, through which roughly 20% of global oil shipments pass. Bloomberg reports the ceasefire is 'fragile' with no new talks scheduled.
From: Trump Rejects Iran Ceasefire Proposal, Plans 'Very Major Attack,' Cancels at Last Minute (May 2026)