Iran has warned of serious consequences to US military's plan to guide stranded ships through the Strait of Hormuz.
Major General Ali Abdollahi, the head of Iran's central command, warned, "Any foreign armed force, especially, the aggressive US army," which tries to enter the Strait, will be attacked.
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Political News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.