insurance

Oil Prices Surge as President Trump Rejects Iran’s Proposal to Reopen Strait of Hormuz

May 11, 2026

1 source

Insurance Journal

Oil Prices Surge as President Trump Rejects Iran’s Proposal to Reopen Strait of Hormuz

Story Summary

President Donald Trump’s rejection of Iran’s peace proposal on Monday triggered a $4-per-barrel spike in oil prices, exacerbating global energy supply concerns. The 10-week conflict continues to paralyze the Strait of Hormuz, which previously handled one-fifth of global oil and gas. With shipping at a standstill, the ongoing deadlock poses significant risks to international trade and domestic U.S. gasoline prices.

Sunrise has released an exclusive clip from the highly anticipated sequel to Mobile Suit Gundam: Hathaway, showcasing a shift toward a more unnerving, atmospheric tone. This preview highlights the studio’s commitment to evolving the franchise’s visual storytelling as it continues the Hathaway’s Flash narrative. For industry observers, the footage underscores the enduring commercial viability and creative expansion of the Gundam.

Polygon·May 11, 2026

consumer services

Former WSJ Columnist Joanna Stern Launches Media Venture New Things Amid AI Book Release

Technology journalist Joanna Stern has departed The Wall Street Journal to launch her own media company, New Things, while releasing her new book, I Am Not a Robot, on May 12, 2026. Following a year-long experiment integrating AI into her daily life, Stern remains skeptical of current humanoid robotics but expresses optimism regarding the potential for wearable AI to deliver.

The Verge·May 11, 2026

lifestyle

Gold House Gala Celebrates Asian Pacific Representation and Honors Priyanka Chopra Jonas

The 2026 Gold House Gala, held on May 11, 2026, spotlighted the growing influence of Asian Pacific representation in global media and entertainment. The event honored Priyanka Chopra Jonas for her contributions to the industry. As a high-profile gathering, the gala underscores the increasing cultural and economic leverage of the Asian Pacific community within the broader creative and business landscape.

Vogue·May 11, 2026

insurance

Charter Boat Explosion in Biscayne Bay Leaves Eleven Hospitalized

Eleven people were hospitalized following an explosion aboard the 40-foot cabin cruiser Nauti Nabors in Miami’s Biscayne Bay on May 9, 2026. The Florida Fish and Wildlife Conservation Commission and the U.S. Coast Guard responded to the incident near Haulover Sandbar. Authorities have launched an investigation into the cause of the blast, which highlights ongoing maritime safety and liability concerns.

Insurance Journal·May 11, 2026