Hostility fears escalate in the Persian Gulf

World Business Report

Are ships moving in the Persian Gulf and could it lead to the resumption of hostilities between the US and Iran? Andrew Peach finds out more on the latest developments and speaks to maritime expert Captain John Konrad.

Meanwhile, with two clubs celebrating joining the English Premier League, we hear about the financial challenges facing those joining football's elite.

And, why the success of the vintage clothing industry is attracting criminals.

Global business news, with live guests and contributions from Asia, Europe and the USA.

(Picture: Vessels in the Strait of Hormuz near Bandar Abbas, Iran, on 4 May 2026. Credit: Amirhosein Khorgooi / ISNA / West Asia News Agency, via Reuters.)

More description

Meanwhile, with two clubs celebrating joining the English Premier League, we hear about the financial challenges facing those joining football's elite.

And, why the success of the vintage clothing industry is attracting criminals.

Global business news, with live guests and contributions from Asia, Europe and the USA.

(Picture: Vessels in the Strait of Hormuz near Bandar Abbas, Iran, on 4 May 2026. Credit: Amirhosein Khorgooi / ISNA / West Asia News Agency, via Reuters.)

2026-05-04 26 min

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