US President Donald Trump is reportedly expected to meet top national security advisers on Tuesday (May 19) to discuss options for resuming military action.
Iran officially announces new body to manage Strait of Hormuz: Top security council
The Persian Gulf Strait Authority would provide "real-time updates" on Hormuz Strait operations and developments, said Iran's Supreme National Security Council.
Oil stocks declining 'very fast', IEA chief warns
"We have still several weeks but we should be aware of the fact that they're declining rapidly," said the head of the International Energy Agency, referring to commercial oil stocks.
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