America to “guide” ships out of Hormuz; OPEC+ promises more oil, and more
The World in Brief from The Economist
The Economist
4.1 • 1.2K Ratings
🗓️ 4 May 2026
⏱️ 4 minutes
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| 0:38.6 | Here's today's free edition. |
| 0:44.6 | This is the World In Brief from The Economist. |
| 0:51.1 | Our top stories. |
| 0:58.8 | Donald Trump said that starting Monday, America would guide the ships of neutral countries out of the Strait of Hormuz. |
| 1:00.7 | He said that any interference in the humanitarian gesture, which he dubbed Project |
| 1:05.2 | Freedom, would be met with force. |
| 1:07.5 | He added that discussions with Iran continued and could lead to something positive for all. |
| 1:13.7 | Seven countries in OPEC plus, a group made up of the oil exporting cartel and its allies, |
| 1:19.2 | said they will raise their oil production target by 188,000 barrels a day in June. |
| 1:25.1 | The increase is unlikely to be achieved, however, if the Strait of Hormuz remained |
| 1:29.1 | shut. The announcement is a show of unity following the United Arab Emirates' sudden departure |
| 1:34.0 | from OPEC a few days ago. The Trump administration fast-tracked $8.8 billion in arms sales |
| 1:41.3 | to America's allies in the Middle East, including the UAE, |
| 1:44.7 | Israel, Kuwait and Qatar, invoking an emergency authorization, the State Department bypassed |
| 1:50.3 | Congress, which typically approve such sales. Countries in the Middle East have faced repeated |
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