Investment
Features
FeesSafety
Academy
More
Pluang+

Tensions rise as US sinks Iranian boats, Iran attacks UAE amid Strait of Hormuz conflict.

Market News
05 May 2026
CNBC
View Source
Bearish
pluang ai news

Hostilities between the US and Iran escalated sharply after the US launched 'Project Freedom' to reopen the blockaded Strait of Hormuz, sinking several Iranian boats according to US claims. Iran responded with missile and drone attacks on the UAE, signaling a potential collapse of the fragile ceasefire and raising fears of renewed war. This escalation threatens global energy supplies and financial markets, with experts warning of a critical moment as inventories dwindle and geopolitical risks increase. Despite Iran's interest in peace talks, the situation remains highly unstable, with the US facing a difficult choice between prolonged conflict or a compromised deal.

More News

LEPAS launches L8 PHEV, blending hybrid tech and elegant design for global markets

LEPAS launches L8 PHEV, blending hybrid tech and elegant design for global markets

LEPAS, a mid-to-premium NEV brand under Chery Auto, has introduced the LEPAS L8 PHEV globally, showcasing advanced hybrid technology, smart driving features, and refined design inspired by the agility and resilience of a leopard. The vehicle offers a...

Others
Bullish
1 hour ago
LEPAS launches L8 PHEV, a hybrid SUV blending elegance, advanced tech, and long-range driving.

LEPAS launches L8 PHEV, a hybrid SUV blending elegance, advanced tech, and long-range driving.

LEPAS, a mid-to-premium NEV brand under Chery Auto, introduced the LEPAS L8 PHEV globally, featuring advanced hybrid technology, elegant design inspired by the agility and strength of a leopard, and smart driving aids. The vehicle offers a leading th...

Others
Bullish
1 hour ago
Chery Auto launches LEPAS L8 PHEV, setting new standards in elegant plug-in hybrid mobility.

Chery Auto launches LEPAS L8 PHEV, setting new standards in elegant plug-in hybrid mobility.

Chery Auto's NEV brand LEPAS has introduced the LEPAS L8 PHEV globally, combining advanced hybrid technology with intelligent driving features and sophisticated design. Inspired by the precision and resilience of top athletes, the vehicle features a ...

Market News
Bullish
1 hour ago
LEPAS launches L8 PHEV, a luxury hybrid SUV with advanced tech and long range for global markets

LEPAS launches L8 PHEV, a luxury hybrid SUV with advanced tech and long range for global markets

LEPAS, a premium NEV brand under Chery Auto, has introduced the LEPAS L8 PHEV globally, blending elegant design inspired by a leopard's agility with advanced hybrid technology. The vehicle features a highly efficient LEPAS Super Hybrid system with a ...

Others
Bullish
1 hour ago
Chery's LEPAS launches L8 PHEV with advanced hybrid tech, elegant design, and long range for global markets.

Chery's LEPAS launches L8 PHEV with advanced hybrid tech, elegant design, and long range for global markets.

Chery Auto's LEPAS brand has introduced the L8 PHEV, a mid-to-premium plug-in hybrid vehicle, to the global market. The car features advanced hybrid technology with a 45.79% efficient engine and a 97.6% efficient transmission, delivering ultra-low fu...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App