Strait of hormuz

US embassies should deliver the demarche orally to partner nations by May 1, but not to Russia, China, Belarus, Cuba, and "other US adversaries," said the cable.

UAE places travel ban Iran • UK raises terror threat level to severe • Netanyahu pushes for new deadline on Lebanon talks.

Another plan expected to be shared with Trump focuses on taking over part of Hormuz to reopen it to commercial shipping, the report added, noting that such an operation may involve ground forces.

World Bank forecasts a 24% rise in energy prices in 2026, driven by the Iran conflict and the continued closure of the Strait of Hormuz, affecting global markets.

Trump reportedly believed that maintaining the blockade was less risky than walking away or restarting the conflict.

“At a pivotal moment in the process of supporting the stability of global energy markets, the UAE adopted a long-term strategic and economic vision,” one report says.

Subsea cables are fiber-optic or electrical cables laid on the sea floor to transmit data and power. They carry around 99% of the world's internet traffic.

This situation stems from the fact that the Iranian extraction and refining systems can't be shut down, with Kharg Island's infrastructure at risk of failure if the oil flow is cut.

UAE Energy Minister Suhail Mohamed al-Mazrouei told Reuters the decision was made after a careful look at the regional power's energy strategies.

Rubio called the shooting an “unfortunate situation” that an individual could disrupt the important event, and said, "That’s kind of the world we live in right now.”