The DayThe Day: Thursday, May 7, 2026
A one-page memo could end the war with Iran. Ted Turner, who built a network for moments like this, is dead at eighty-seven.
The DayA one-page memo could end the war with Iran. Ted Turner, who built a network for moments like this, is dead at eighty-seven.
The DayThe U.S. military begins guiding commercial ships through the Strait of Hormuz. The last time America tried this, it was 1987.
The DayIran mined the Strait of Hormuz and then lost track of where it put the mines. The ceasefire demands their removal. Six days remain.
The DayThe Iran ceasefire reaches its halfway point. The Strait of Hormuz hasn't reopened. At the pump, the war costs four dollars and sixteen cents a gallon.
The DayIran strikes a Kuwaiti oil tanker off Dubai as the war expands into the shipping lanes of America's Gulf allies, and the price of the conflict arrives at the gas pump.
The DayOil hits $116 a barrel after President Trump tells the Financial Times the United States could seize Iran's Kharg Island oil terminal.