The United Arab Emirates announces it will withdraw from OPEC on May 1. The Gulf nation plans to expand its oil production capacity following regional shipping disruptions in the Strait of Hormuz.

President Donald Trump will sign a permit authorizing a new cross-border pipeline, an aide confirms.

President Donald Trump is set to sign a permit authorizing the construction of a cross-border pipeline, according to an aide.

The United Arab Emirates reports a fourth wave of missile and drone attacks from Iran on Monday evening. This marks the first such strike since a ceasefire between Tehran and Washington took effect last month.

The United Arab Emirates reported a fourth wave of missile and drone attacks originating from Iran on Monday evening, marking the first such incident since a ceasefire between Tehran and Washington was established last month.

The UAE reports intercepting 12 ballistic missiles, 3 cruise missiles, and 4 drones launched from Iran on Monday, resulting in 3 injuries. Iran’s state-run media denies plans to target the UAE.

The United Arab Emirates Ministry of Defence reported that its air defense systems intercepted 12 ballistic missiles, three cruise missiles, and four drones launched from Iran on Monday, resulting in three moderate injuries. Iran's state-run IRIB news agency subsequently cited a military source denying plans to target the UAE.

UKMTO reports two vessels on fire near Strait of Hormuz. One cargo vessel reported an engine room fire, while a third party reported another vessel on fire. Causes unverified.

Two vessels are reported to be on fire in waters near the Strait of Hormuz, according to separate warnings issued Monday by the UK Maritime Trade Operations (UKMTO). One cargo vessel reported an engine room fire with no casualties, while a third party reported a separate vessel on fire. The UKMTO stated the causes of both incidents have not yet been verified.