Penelope Cruz's MET Night with Oscar de la Renta

Posted Tuesday May 3, 2011 4:05 PM GMT

Among the last to arrive to the night's star-studded event, Penelope Cruz was a hit on the red carpet of the Costume Institute Gala at The Metropolitan Museum of Art in New York City last night (May 2).

The Oscar-winning actress, who was both accompanied by and dressed in Oscar de la Renta, looked ravishing in a timeless black ruffled gown, diamond accessories and a black feathered clutch.

Penelope is currently on a huge worldwide promotional tour for her highly-anticipated film "Pirates of the Carribbean: On Stranger Tides," which is set to hit theaters later this month (May 20).

Later this week, Cruz will join co-star Johnny Depp for the film's world premiere in L.A., before she jets overseas to show off the fantasy-adventure at the 2011 Cannes Film Festival.

Photo Credit: Getty Images