Iran's Revolutionary Guard Corps attacked and seized two cargo ships near the Strait of Hormuz, with reports of three vessels targeted and one sustaining heavy damage, despite President Trump's extended ceasefire.
Critics like John Brennan called Trump's Iran statements "divorced from reality," while Senator Warren pressed for answers on American evacuations, and Singapore's foreign minister warned Hormuz is a "dry run" for a Pacific conflict.
The EU proposed cutting electricity taxes and relaxing state aid rules to shield households from the Iran war energy crisis, while UK inflation accelerated to 3.3% in March, driven by the largest fuel price jump in three years.
US stock-index futures rose following President Trump's extended ceasefire with Iran, though Treasury yields remained flat and market focus shifted, with Citi outlining scenarios for oil prices amid global inventory lows.
The US escalated pressure on Iran-backed militias by blocking Iraq's dollar shipments, while Lt. Gen. Keith Kellogg urged seizing Iranian islands and strangling its economy, as Iran's "ghost ships" bypass US naval blockades.
Virginia voters narrowly approved a redistricting plan, which House Democratic leader Hakeem Jeffries warned could backfire on Republicans in Florida, potentially giving Democrats up to four additional House seats in November.
German airline Lufthansa canceled 20,000 summer flights within Europe due to soaring fuel prices making journeys "unprofitable," while United Airlines slashed its 2026 forecast, though demand remains strong.
President Trump unilaterally extended the two-week ceasefire with Iran, walking back threats to resume fighting, as both sides remain deadlocked over peace negotiations and the US blockade of Iranian ports continues.
A judge dismissed Kash Patel's defamation lawsuit against Frank Figliuzzi concerning claims he frequented nightclubs, a day after the FBI Director sued The Atlantic magazine over alcohol abuse allegations.