Iran War
Vehicles drive past a billboard with graphic showing Strait of Hormuz and sewn lips of U.S. President Donald Trump in a square in downtown Tehran, Iran, Saturday, May 2, 2026.
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A cargo ship near the Strait of Hormuz has reported an attack by multiple small craft, according to a British military monitor, and all crew members are safe. Iranian officials continue to claim control of the strait. Meanwhile, Iran said Sunday it is reviewing the U.S. response to its latest proposal to resolve issues within 30 days and end the war. U.S. President Donald Trump has expressed skepticism about it. Iran adds that "at this stage, we have no nuclear negotiations." Iran's currency continues to weaken after hitting record lows, creating more economic pain.
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