05/09/2026
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Washington is awaiting a response from Tehran on a proposal to end the war. US President Donald Trump said a tenuous ceasefire between the sides is holding, despite exchanges of fire around the Strait of Hormuz. The US might resume a short-lived operation to guide ships through the vital waterway, Trump said Friday.
Food prices rose around the world for the third straight month, according to the UN, as conflict in the Middle East fuels global supply concerns and pushes up the cost of fertilizer. Consumer sentiment in the US declined to another record low.
