President Donald Trump has instructed aids to prepare for an extended blockade of Iran, aiming to squeeze the country’s economy and oil exports, US officials said. The move follows discussions in the Situation Room, with Trump viewing the blockade as

Apple (AAPL.O) CEO Tim Cook reportedly appeared at the White House today.

Domestic News: 1. The Political Bureau of the CPC Central Committee held a meeting to analyze and study the current economic situation and economic work. 2. my country will implement zero tariffs on all African countries with which it has diplomatic relations starting May 1, 2026. 3. BYD Co., Ltd.: First-quarter net profit was 4.085 billion yuan, a year-on-year decrease of 55.38%. 4. The Cyberspace Administration of China investigated and dealt with websites and platforms such as the "CapCut" app that illegally generated composite content labels. 5. The "Outline of the 15th Five-Year Plan for National Economic and Social Development of Guangdong Province" was officially released, promoting the low-cost mass production of key products such as rockets and rockets. International News: 1. The UK House of Commons decided not to investigate whether Prime Minister Starmer misled Parliament. 2. The UAE decided to withdraw from OPEC and OPEC+ starting May 1. 3. The Bank of Japan maintained its interest rate unchanged as expected, with three members advocating for a rate hike. 4. Saudi Aramco extended the suspension of liquefied petroleum gas deliveries to the end of May. 5. Iraqi oil officials: Iraq has no intention of withdrawing from OPEC or OPEC+. 6. WTI crude oil rose nearly 3%, and Brent crude oil rose more than 2%, both above $100 per barrel. 7. US-Iran Situation— ① Sources: Iran is expected to submit a revised peace proposal soon. ② Trump: Iran wants the US to open the Strait of Hormuz as soon as possible. ③ The US prohibits US individuals or entities from paying passage fees to Iran in the Strait of Hormuz. Payments by non-US individuals or entities to Iran for security passage in the Strait of Hormuz also pose a significant risk of sanctions. ④ Iranian military: Does not believe the war is over; the armed forces' targets and equipment have been updated. ⑤ US Energy Secretary: The Strait of Hormuz can be opened without clearing all mines. No export ban on US energy products is being considered.