Explosions were reported near Iran’s Bandar Abbas, Qeshm Island, and Sirik along the strategic Strait of Hormuz, according to Iranian state-linked media outlets.

Delve into the geopolitical implications of Iran's dominance in the Strait of Hormuz and its impact on global oil trade.

"It's something that happens where it just explodes. And they say they only have about three days left before that happens. And when it explodes, you can never, regardless, you can never rebuild it the way it was,

EADaily, May 2nd, 2026. An explosion in Iran claimed the lives of 14 members of the Islamic Revolutionary Guard Corps (IRGC). This is reported by the Xinhua news agency.

Iran launched attacks on the UAE and tankers in the Strait of Hormuz while the U.S. destroyed Iranian boats "that attempted to interfere" with Project Freedom.

Tensions are again rising in the Middle East, as Iran has launched its latest attack on the United Arab Emirates. Iran has reportedly fired missiles and drones at the UAE, leaving three injured. Others have taken to social media to say that they felt windows shake in Dubai's Marina.

Explosion in the Strait of Hormuz impacts S&P 500 sentiment. Market for S&P 500 opening up on May 4 at 0.1% YES.

President Trump on Monday urged South Korea to join the Iran war after Seoul reported an explosion on a ship traveling in the Strait of Hormuz, which Iran has closed off amid the war with the U.S. and Israel.

The attacks cast more doubt on a tenuous month-old ceasefire that the United States has insisted is still in effect. Washington is awaiting an Iranian response to its latest proposal for a deal to end the war,