Amid claims and counter-claims of strikes and confrontations in the Strait of Hormuz between Iran and the United States, UN maritime officials continue to urge vessels to exercise "maximum caution".
"We are aware of the reports but do not have further details. We continue to urge ships to practice maximum caution in the area," the UN International Maritime Organization, or IMO, said, as it works to verify a series of recent attacks and security warnings issued to commercial vessels.
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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.