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Oil prices moved lower on Wednesday as investors weighed the prospect of a U.S.-Iran agreement that could restore shipping through the Strait of Hormuz, where traffic has remained severely disrupted since the conflict erupted in late February.

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Oil Prices Sink On Iran Truce Optimism- But Wall Street Warns Hormuz Crisis Is Far From Over #DH_SHARE_URL# By Benzinga via Dailyhunt

Oil Prices Sink On Iran Truce Optimism- But Wall Street Warns Hormuz Crisis Is Far From Over

https://www.benzinga.com/markets/commodities/26/05/52805070/oil-prices-sink-on-iran-truce-optimism-but-wall-street-warns-hormuz-crisis-is-far-from-over?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

On Tuesday, Sen. Rick Scott (R-Fla.) said federal spending policies were driving inflation and rising credit card debt, arguing that Congress needs to rein in borrowing to ease financial pressure on American households.

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Rick Scott Says Americans Are Drowning In Credit Card Debt Because Congress Has A 'Spending Problem' #DH_SHARE_URL# By Benzinga via Dailyhunt

Rick Scott Says Americans Are Drowning In Credit Card Debt Because Congress Has A 'Spending Problem'

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New York City Mayor Zohran Mamdani on Tuesday unveiled a major housing initiative called &quot;Block by Block,&quot; promising to build 200,000 affordable homes and invest $5.6 billion into public housing across the city.

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Zohran Mamdani Reveals Massive NYC Housing Push As Fox Journalist Charles Gasparino Warns His Policies Are 'Existentially Bad' For The City #DH_SHARE_URL# By Benzinga via Dailyhunt

Zohran Mamdani Reveals Massive NYC Housing Push As Fox Journalist Charles Gasparino Warns His Policies Are 'Existentially Bad' For The City

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Joe Biden, the former U.S. President, has initiated legal action against the Justice Department in an attempt to halt the release of his private discussions with his memoir's ghostwriter.

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Trump Fires Back As Joe Biden Sues DOJ To Block Release Of Private Audio Tapes Amid Renewed Cognitive Debate #DH_SHARE_URL# By Benzinga via Dailyhunt

Trump Fires Back As Joe Biden Sues DOJ To Block Release Of Private Audio Tapes Amid Renewed Cognitive Debate

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On Tuesday, Senate Minority Leader Chuck Schumer (D-N.Y.) said that &quot;no one is safe from ICE's abuses,&quot; escalating his opposition to additional funding for federal immigration enforcement efforts tied to Trump's policies.

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Chuck Schumer Says 'No One Is Safe From ICE's Abuses' As He Fights Funding For Trump's Immigration Expansion #DH_SHARE_URL# By Benzinga via Dailyhunt

Chuck Schumer Says 'No One Is Safe From ICE's Abuses' As He Fights Funding For Trump's Immigration Expansion

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Sen. Elissa Slotkin (D-Mich.) criticized President Donald Trump's spending priorities, saying funds for a White House ballroom and a &quot;weaponization fund&quot; could instead be used for infrastructure, public health and school programs.

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Elissa Slotkin Says Trump 'Budget' A Reflection Of Priorities: Billions In Ballroom, 'Weaponization Fund' Can Instead Feed School Kids For 10 Years #DH_SHARE_URL# By Benzinga via Dailyhunt

Elissa Slotkin Says Trump 'Budget' A Reflection Of Priorities: Billions In Ballroom, 'Weaponization Fund' Can Instead Feed School Kids For 10 Years

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Texas Attorney General Ken Paxton defeated Sen. John Cornyn (R-Texas) in Tuesday's Republican Senate runoff, a stunning defeat for a four-term incumbent that cemented the far right's grip on Texas politics and raised Democratic hopes that a normally safe GOP seat could become competitive in November.

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Trump's 'MAGA Warrior' Ken Paxton Defeats Four-Time Incumbent John Cornyn, Puts Safe Texas Senate Seat In Play #DH_SHARE_URL# By Benzinga via Dailyhunt

Trump's 'MAGA Warrior' Ken Paxton Defeats Four-Time Incumbent John Cornyn, Puts Safe Texas Senate Seat In Play

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Retail investors continue to monitor the thousands of stock trades made by members of Congress. One member has made only two stock trades since being sworn into office in early 2025. The trade may have come at a loss.

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Senator Makes Rare Stock Trade, May Have Lost Big #DH_SHARE_URL# By Benzinga via Dailyhunt

Senator Makes Rare Stock Trade, May Have Lost Big

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Major Wall Street banks are reportedly pushing the Federal Reserve to formally lock in recent supervisory reforms to prevent future Democratic administrations from reversing them.

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Wall Street Is Reportedly Racing To Cement Softer Fed Rules Ahead Of Possible Democratic Return #DH_SHARE_URL# By Benzinga via Dailyhunt

Wall Street Is Reportedly Racing To Cement Softer Fed Rules Ahead Of Possible Democratic Return

https://www.benzinga.com/markets/macro-economic-events/26/05/52775444/wall-street-is-reportedly-racing-to-cement-softer-fed-rules-ahead-of-possible-democratic-return?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

New York City Mayor Zohran Mamdani is expected to announce on Tuesday that some distressed landlords will be exempt from his proposed rent freeze, according to a report by The Wall Street Journal.

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Zohran Mamdani's Rent Freeze Plan May Get A Twist- Certain NYC Landlords Could Raise Rents Anyway #DH_SHARE_URL# By Benzinga via Dailyhunt

Zohran Mamdani's Rent Freeze Plan May Get A Twist- Certain NYC Landlords Could Raise Rents Anyway

https://www.benzinga.com/news/financing/26/05/52774498/zohran-mamdanis-rent-freeze-plan-may-get-a-twist-certain-nyc-landlords-could-raise-rents-anyway?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

Rep. Ro Khanna (D-Calif.) said the U.S. economy prioritizes capital over workers and called for higher taxes on billionaires to redirect wealth toward public services, including health care, child care and education.

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Ro Khanna Says US Economy 'Works For Capital First And Workers Last,' Calls For Higher Billionaire Taxes To Fund Public Services #DH_SHARE_URL# By Benzinga via Dailyhunt

Ro Khanna Says US Economy 'Works For Capital First And Workers Last,' Calls For Higher Billionaire Taxes To Fund Public Services

https://www.benzinga.com/news/politics/26/05/52772446/ro-khanna-says-us-economy-works-for-capital-first-and-workers-last-calls-for-higher-billionaire-taxes-to-fund-public-services?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

Former White House communications director Anthony Scaramucci said on Monday that the United States has built the world's largest military budget around defense contracting rather than wartime production capacity, arguing that the conflict in Iran has exposed a dangerous weakness in the Pentagon's industrial base.

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Anthony Scaramucci Warns US Industrial Base 'Cannot Sustain A Serious War' Despite Massive Military Budget- 'The System Is Not Designed To...' #DH_SHARE_URL# By Benzinga via Dailyhunt

Anthony Scaramucci Warns US Industrial Base 'Cannot Sustain A Serious War' Despite Massive Military Budget- 'The System Is Not Designed To...'

https://www.benzinga.com/news/politics/26/05/52771606/anthony-scaramucci-warns-us-industrial-base-cannot-sustain-a-serious-war-despite-massive-military-budget-the-system-is-not-designed-to?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

The Islamic Revolutionary Guard Corps (IRGC) reportedly shot down a U.S. military drone entering its airspace on Tuesday as tensions escalate between Washington and Tehran.

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IRGC Says US Drone Entering Iranian Airspace Shot Down Following Strikes On Missile Sites: Report #DH_SHARE_URL# By Benzinga via Dailyhunt

IRGC Says US Drone Entering Iranian Airspace Shot Down Following Strikes On Missile Sites: Report

https://www.benzinga.com/news/politics/26/05/52771527/irgc-says-us-drone-entering-iranian-airspace-shot-down-following-strikes-on-missile-sites-report?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

Charlie Bilello, the chief market strategist at Creative Planning, highlighted that rising yields have badly beaten down the U.S. bond market, especially ETFs targeting the long-end of the yield curve.

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Long-Duration Bond ETFs Face 'Pain' As 30-Year Treasury Yield Tops 5%, Says Charlie Bilello #DH_SHARE_URL# By Benzinga via Dailyhunt

Long-Duration Bond ETFs Face 'Pain' As 30-Year Treasury Yield Tops 5%, Says Charlie Bilello

https://www.benzinga.com/etfs/specialty-etfs/26/05/52770722/long-duration-bond-etfs-face-pain-as-30-year-treasury-yield-tops-5-says-charlie-bilello?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

Former U.S. National Security Advisor John Bolton said Cuba's communist government 'may be in its final weeks,' citing economic pressure, U.S. legal action, and military signaling accelerating a crisis inside the Castro regime.

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John Bolton Says Castro Regime May Be In Its 'Final Weeks' As Washington Tightens Its Grip On Havana #DH_SHARE_URL# By Benzinga via Dailyhunt

John Bolton Says Castro Regime May Be In Its 'Final Weeks' As Washington Tightens Its Grip On Havana

https://www.benzinga.com/news/politics/26/05/52770320/john-bolton-says-castro-regime-may-be-in-its-final-weeks-as-washington-tightens-its-grip-on-havana?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

Indonesia blocked access to Polymarket after the platform allowed bets on the premature termination of President Prabowo Subianto's term, local media reported on Monday.

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Indonesia Shows Polymarket The Door After Platform Listed Odds On President Prabowo's Early Departure: Report #DH_SHARE_URL# By Benzinga via Dailyhunt

Indonesia Shows Polymarket The Door After Platform Listed Odds On President Prabowo's Early Departure: Report

https://www.benzinga.com/markets/prediction-markets/26/05/52769989/indonesia-shows-polymarket-the-door-after-platform-listed-odds-on-president-prabowos-early-departure-report?utm_source=dailyhunt&utm_campaign=partner_feed&utm_medium=referral

Politics/Geopolitics

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Entertainment

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Leader of Opposition in the Lok Sabha Rahul Gandhi on Wednesday visited the family of a 22-year-old NEET aspirant in Rajasthan's Sikar who allegedly died by suicide following the cancellation of the May 3 NEET-UG 2026 exam by the National Testing Agency (NTA) due to a paper leak.

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'Exam Mafia Responsible': Rahul Gandhi Meets Family Of NEET Aspirant Who Died By Suicide After Paper Leak, Targets Centre #DH_SHARE_URL# By timesnow.in via Dailyhunt

'Exam Mafia Responsible': Rahul Gandhi Meets Family Of NEET Aspirant Who Died By Suicide After Paper Leak, Targets Centre

https://www.timesnownews.com/india/exam-mafia-responsible-rahul-gandhi-meets-family-of-neet-aspirant-who-died-by-suicide-after-paper-leak-targets-centre-article-154411262

Sarthak-PDS: To ensure timely and adequate ration delivery to India's 813.5 million poor, the central government is going to make major changes in the Public Distribution System (PDS).

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PM Modi Cabinet Approves 'Sarthak-PDS' For Transparent, AI-Powered Ration Delivery Across India; All You Need To Know #DH_SHARE_URL# By The Daily Jagran via Dailyhunt

PM Modi Cabinet Approves 'Sarthak-PDS' For Transparent, AI-Powered Ration Delivery Across India; All You Need To Know

https://www.thedailyjagran.com/india/pm-modi-cabinet-approves-sarthak-pds-for-transparent-ai-powered-ration-delivery-across-india-all-you-need-to-know-10314015?utm_source=dailyhunt&utm_medium=referral&utm_campaign=jagranenglish

A 32-year-old man died of electrocution on Tuesday after heavy rain accompanied by thunderstorms hit different parts of Tripura over the past 48 hours, damaging at least 61 houses, police said.

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Heavy rain, thunderstorms damage 61 houses in Tripura; man dies of electrocution #DH_SHARE_URL# By Hindustan Times via Dailyhunt

Heavy rain, thunderstorms damage 61 houses in Tripura; man dies of electrocution

https://www.hindustantimes.com/india-news/heavy-rain-thunderstorms-damage-61-houses-in-tripura-man-dies-of-electrocution-101779895015355.html?utm_source=newshunt-ht

Father of the teenage accused in the 2024 Pune Porsche crash case, Vishal Agarwal, has reacted to the video that went viral after his bail, showing him celebrating with family.

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'Must Be A Practice To Kill, Celebrate': Pune Porsche Crash Victim's Father Reacts As Accused Claims Viral Video From 2023 #DH_SHARE_URL# By The Daily Jagran via Dailyhunt

'Must Be A Practice To Kill, Celebrate': Pune Porsche Crash Victim's Father Reacts As Accused Claims Viral Video From 2023

https://www.thedailyjagran.com/india/pune-porsche-crash-victims-father-reacts-as-accused-claims-viral-video-from-2023-must-be-a-practice-to-kill-and-celebrate-10314014?utm_source=dailyhunt&utm_medium=referral&utm_campaign=jagranenglish

Rajasthan Royals' teenage sensation Vaibhav Sooryavanshi exploded in the 1st innings of Eliminator 1 match of the 2026 Indian Premier League season against the Sunrisers Hyderabad at the PCA Stadium in New Chandigarh.

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WATCH: 6, 6, 6, 6.Vaibhav Sooryavanshi EXPLODES, smashes whirlwind fifty off only., bowlers beg for mercy #DH_SHARE_URL# By India.com via Dailyhunt

WATCH: 6, 6, 6, 6.Vaibhav Sooryavanshi EXPLODES, smashes whirlwind fifty off only., bowlers beg for mercy

https://www.india.com/sports/watch-6-6-6-6vaibhav-sooryavanshi-explodes-smashes-whirlwind-fifty-off-only-bowlers-beg-for-mercy-8428350

A tragic and still-unexplained incident has plunged Bangladesh into mourning after six newborn babies died within hours of each other at a private hospital in the capital Dhaka on Wednesday, prompting urgent investigations by health authorities and police.

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Six newborns die at Bangladesh hospital after air conditioning switched off #DH_SHARE_URL# By WION via Dailyhunt

Six newborns die at Bangladesh hospital after air conditioning switched off

https://www.wionews.com/world/six-newborns-die-at-bangladesh-hospital-after-air-conditioning-switched-off-1779891843460

New Delhi: Europe is currently gripped by a severe heatwave. The situation is grim as of now due to the high temperatures. In France, at least seven people have died in heat-related incidents.

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Europe reels under severe heat wave, 7 die in France, while temperatures shatter records in Britain #DH_SHARE_URL# By India.com via Dailyhunt

Europe reels under severe heat wave, 7 die in France, while temperatures shatter records in Britain

https://www.india.com/news/world/europe-reels-under-severe-heat-wave-7-die-in-france-while-temperatures-shatter-records-in-britain-heat-dome-climate-change-paris-lyon-orange-alert-brittany-london-kew-gardens-8428353

Edtech firm PhysicsWallah closed FY26 with strong revenue growth, an improvement in operating profitability, and positive pre-tax profit.

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PhysicsWallah FY26 revenue rises 35% to Rs 3,900 Cr as AI, offline profitability stay in focus #DH_SHARE_URL# By Your Story via Dailyhunt

PhysicsWallah FY26 revenue rises 35% to Rs 3,900 Cr as AI, offline profitability stay in focus

https://yourstory.com/2026/05/physicswallah-fy26-revenue-rises-rs-3900-cr-ai-offline-profitability-focus

Iran-US war: In a significant global update, promising economic development and easing of the energy woes, Iran announced that it has received an initial draft Memorandum of Understanding (MoU) with the United States.

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Good news for global economy as Iran may reopen Strait Of Hormuz under draft US deal | All details #DH_SHARE_URL# By India.com via Dailyhunt

Good news for global economy as Iran may reopen Strait Of Hormuz under draft US deal | All details

https://www.india.com/news/world/iran-may-reopen-strait-hormuz-under-draft-us-deal-all-details-good-news-global-economy-us-8428322

In a move that could fundamentally alter Karnatakas political landscape, Chief Minister Siddaramaiah appears on the verge of stepping down, clearing the path for his ambitious deputy, DK Shivakumar, to take the helm.

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Karnataka Chessboard: Can Congress change its pieces without losing the game? #DH_SHARE_URL# By Zee News via Dailyhunt

Karnataka Chessboard: Can Congress change its pieces without losing the game?

https://zeenews.india.com/india/karnataka-chessboard-can-congress-change-its-pieces-without-losing-the-game-3050960.html

Fuel prices are skyrocketing while queues at these pumps are now longer than ever before. In the middle of these crises, fuel pumps will remain closed for 10 hours every day in Uttar Pradesh's Sant Kabir Nagar district.

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Petrol pumps will remain closed for 10 hours in THIS Uttar Pradesh district #DH_SHARE_URL# By India.com via Dailyhunt

Petrol pumps will remain closed for 10 hours in THIS Uttar Pradesh district

https://www.india.com/news/india/fuel-prices-sant-kabir-nagar-district-uttar-pradesh-pumps-to-close-down-for-10-hours-work-from-7-am-to-9-pm-petrol-diesel-middle-east-war-8428339

Former Philippines president Rodrigo Duterte is set to face trial at the International Criminal Court (ICC), with proceedings scheduled to begin on November 30, the presiding judge said on Wednesday (May 27).

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Philippines' Duterte to face ICC trial from Nov 30 over alleged 'drug war' killings #DH_SHARE_URL# By WION via Dailyhunt

Philippines' Duterte to face ICC trial from Nov 30 over alleged 'drug war' killings

https://www.wionews.com/world/philippines-duterte-to-face-icc-trial-from-nov-30-over-alleged-drug-war-killings-1779891863746

Iran's state TV said ​it ⁠had obtained a draft of an initial, ‌unofficial framework for ‌a memorandum of understanding between Iran and the United States on ending their conflict.

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Iran says draft deal with US would reopen Hormuz shipping, end naval blockade #DH_SHARE_URL# By Gulf Today via Dailyhunt

Iran says draft deal with US would reopen Hormuz shipping, end naval blockade

https://www.gulftoday.ae/news/2026/05/27/iran-says-draft-deal-with-us-would-reopen-hormuz-shipping-end-naval-blockade

Gabriel India Q4 Results: Auto-component maker, Gabriel India reported 3.4 per cent rise in net profit to Rs 66.6 crore from Rs 64.4 crore in the corresponding quarter last year for the financial year ended March 31, 2026, along with a final dividend subject to shareholders' approval at the upcoming Annual General Meeting (AGM).

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Gabriel India Q4 Results: Auto component maker reports 3.4% rise in net profit, announces 310% final dividend #DH_SHARE_URL# By Zee Business via Dailyhunt

Gabriel India Q4 Results: Auto component maker reports 3.4% rise in net profit, announces 310% final dividend

https://www.zeebiz.com/companies/news-gabriel-india-q4-results-auto-component-maker-reports-34-rise-in-net-profit-announces-310-final-dividend-396235

Tamil Nadu Chief Minister Joseph Vijay on Wednesday met Prime Minister Narendra Modi at Seva Teerth in New Delhi during his first official visit to the national capital after taking office earlier this month.

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Tamil Nadu CM Vijay Meets PM Modi, Asks For Financial Support, More Development Projects #DH_SHARE_URL# By OneIndia via Dailyhunt

Tamil Nadu CM Vijay Meets PM Modi, Asks For Financial Support, More Development Projects

https://www.oneindia.com/chennai/tamil-nadu-chief-minister-vijay-meets-pm-modi-during-first-official-delhi-visit-as-cm-8100719.html?utm_source=DH-MoreFromPub&utm_medium=DH-app&utm_campaign=DH