An explosion struck Bahman Pier on Iran’s Qeshm Island in the Strait of Hormuz during exchanges of fire between Iranian forces and what state media described as enemy forces, according to Iranian state broadcaster IRIB.

As of Thursday night, the US-Iran conflict is moving through a fragile and dangerous phase: Tehran is reviewing a US ceasefire proposal, Washington is trying to preserve pressure without collapsing diplomacy,

Iran on Wednesday denied any military involvement in a recent explosion and fire on a South Korean-operated vessel in the Strait of Hormuz. A fire broke out Monday on a Panama-flagged cargo ship operated by South Korean shipping firm HMM Co.

President Trump on Monday called for South Korea to join the Iran war after an explosion occurred on one of the Asian nation's ships in the Strait of Hormuz.

The vessel reportedly experienced a sudden explosion while at sea, leading to a fire that damaged the ship. Crew members were affected, and emergency

EADaily, May 2nd, 2026. An explosion in Iran claimed the lives of 14 members of the Islamic Revolutionary Guard Corps (IRGC). This is reported by the Xinhua news agency.

"It's something that happens where it just explodes. And they say they only have about three days left before that happens. And when it explodes, you can never, regardless, you can never rebuild it the way it was,

Explosion in the Strait of Hormuz impacts S&P 500 sentiment. Market for S&P 500 opening up on May 4 at 0.1% YES.

Iran denied Wednesday that its military attacked a Korean-operated cargo ship that was left disabled in the Strait of Hormuz earlier this week.