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Iran War Deaths Rise, Oil Hits $111, Trump Threatens Strikes

5/21/2026

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Iran Threatens
  • Human-rights monitors reported 26 political executions, over 4,000 arrests, and over 3,600 deaths, including 1,700 civilians, since the war began.
  • Iran announced a Persian Gulf Strait Authority and threatened permits for internet fiber-optic cables crossing the Hormuz waterway.
  • Brent crude rose above $111 a barrel, heightening global inflation concerns and recession risk.
  • President Donald Trump threatened strikes while Republicans feared harm to his approval and 2026 midterms.
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