AMD forecasts revenue above expectations on strong AI demand, shares jump 12% reut.rs/4dmKvOx reut.rs/4dmKvOx
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Day: May 5, 2026
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— @Reuters May 5, 2026
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Trump says Iran “should wave the white flag of surrender” reut.rs/3P7lNZh reut.rs/3P7lNZh
— @Reuters May 5, 2026
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The map, which was released on Iranian state media, appears to extend Iran’s claimed area of maritime influence to the shores of the United Arab Emirates, including its key port of Fujairah.
The move comes amid new reports of missiles and drone attacks targetting the UAE, apparently by Iran. At the same time, the United States and Iran are locked in a standoff over control of the strait, with conflicting reports of naval incidents and military activity.
In this DW News interview we speak with energy security expert Amir Handjani about:
– Why Iran may be targeting the UAE
– What Tehran’s new “control map” really means
– The risk to shipping and global oil markets
– Gulf unity and whether regional alliances are shifting
– The UAE’s decision to leave OPEC
– Whether Iran’s actions could fracture the oil cartel
– What the long-term impact could be on Gulf relations
Before the Iran war began roughly one fifth of the world’s oil supply was transported through the Strait of Hormuz. The US wants the Strait open to traffic, but Iran appears determined to exert its control over it.
Chaptering:
00:00 Iran’s “control zone” targets UAE
00:39 Amir Handjani interview: Why is Iran attacking the UAE?
02:06 Gulf tensions and regional rivalries
04:00 Iran’s “control zone” map explained
05:25 Gulf support for the UAE
07:27 UAE leaves OPEC, why now?
09:43 Can OPEC act against Iran?
11:14 What happens after the war?
#dwcurrentaffairs #uae #iran #straitofhormuz #iranwar
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CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations’ top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries.
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