
- Iran's military has accused the US of “armed piracy” and vowed a swift response after the US seized an Iranian-flagged tanker in the Gulf of Oman.
- Tehran reportedly rejected taking part in a second round of peace talks after US President Donald Trump again threatened to strike civilian infrastructure.
- Oil prices have rebounded more than 6 per cent to $96 a barrel following news the Strait of Hormuz is closed again.
- Britain’s economy is poised to "flirt" with recession, with unemployment set to soar amid the fallout from the ongoing conflict in Iran, economic forecasters have warned.
- India has summoned Iran’s ambassador after two Indian-flagged vessels were fired upon, allegedly by the Iranian navy, while attempting to pass through the Strait of Hormuz.
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