The United Arab Emirates withdraws from the Organization of Arab Petroleum Exporting Countries (OAPEC) effective May 1, the organization confirms in a statement.

Iran may begin capping oil wells as early as next week due to storage capacity limits caused by a US naval blockade, according to US Treasury Secretary Scott Bessent.

US Treasury Secretary Scott Bessent stated that Iran may begin capping its oil wells as early as next week due to storage facilities reaching capacity amid a US naval blockade.

Ships are diverting toward Dubai after the Islamic Revolutionary Guard Corps issued a warning for vessels to vacate the area. The report from Fars News cites sources indicating a shift in maritime traffic in the region.

Fars News reports that a majority of vessels are diverting toward Dubai following a warning from the Islamic Revolutionary Guard Corps to vacate the area.

Vessels near Ras Al Khaimah, UAE, receive unauthorized broadcasts ordering them to leave offshore berthing points. The UKMTO reports the incident but has not identified the source of the transmissions.

The United Kingdom Maritime Trade Operations (UKMTO) reports that vessels near Ras Al Khaimah, United Arab Emirates, have received unauthorized broadcasts ordering them to vacate their offshore berthing locations.