python is there a way for while loops to exit and execute else statement code example

Example: python exit loop iteration

alphabet = ['a' , 'b' , 'c' , 'd' ]
for letter in alphabet:
  if letter == 'b' :
    continue
    #continues to next iteration
  print( letter )
for letter in alphabet:
  if letter == 'b' :
    break
    #terminates current loop
  print( letter )
for letter in alphabet:
  if letter == 'b' :
    pass
    #does nothing
  print( letter )