Ukraine ceasefire expires today as Hormuz flares; Brent tops $101

Trump's three-day Russia-Ukraine ceasefire (May 9–11) concludes today. Putin signaled May 10 that the 'matter is coming to an end,' hinting at peace, while both sides executed a 1,000-for-1,000 prisoner swap confirmed by Zelenskyy and Russian officials. Same week, three US destroyers exchanged fire with Iran in the Strait of Hormuz; CENTCOM said it 'intercepted unprovoked Iranian attacks.' Trump rejected Iran's peace proposal as 'totally unacceptable,' destabilizing the peace bet. Brent crude closed May 8 at $101.29 per barrel, up 1%.