Iran attacks UAE; U.S. says it sank boats in Strait of Hormuz

Stock market indices fell, and oil prices rose after the reported attack on the United Arab Emirates by Iran, which came nearly a month into a ceasefire.

May 4, 2026 1

Iran attacks UAE; U.S. says it sank boats in Strait of Hormuz
Stock market indices fell, and oil prices rose after the reported attack on the United Arab Emirates by Iran, which came nearly a month into a ceasefire.
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