Even as U.S. President Donald Trump says a ceasefire with Iran still holds, both sides exchanged fire in the Strait of Hormuz Thursday.
U.S. Central Command said its forces intercepted unprovoked Iranian attacks and responded with self-defense strikes as three U.S. Navy guided-missile destroyers transited the Strait of Hormuz to the Gulf of Oman.
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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.