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Oil eases as Trump pauses Iran strikes

After days of threats and brinkmanship, Washington and Tehran hint at diplomacy as Trump suspends planned military action.

Vessels are seen anchored in the Strait of Hormuz, off the port city of Khasab on Oman's northern Musandam Peninsula on May 17, 2026

Welcome back to the Daily Briefing.

This is Ezgi Akin, filling in for Gabrielle. 

In today’s edition:

  • Oil eases as Trump pauses Iran strikes
  • Scoop: Most Saudi attacks came from Iraq
  • US renews Russia oil waiver 
  • Israel accredits Somaliland’s first ambassador
  • ICC opens Libya ‘Angel of Death’ hearing

Thanks for reading, 

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