Iran Foreign Minister says whoever provides secure and safe passage of commercial vessels through Hormuz should be compenstaed; Iran has always been the Guardian of the Strait and will remain so forever; "20% is of course too much. We will be fair."

[MARKET UPDATE] Oil prices continue to climb in wake of blockade confirmation and reports of strikes in Saudi Arabia

UK's Burnham will be crowned Labour Leader on Friday as he wins 349 nominations from MPs out of 403; It’s now mathematically impossible for any rival to launch a challenge.

Iran Foreign Minister says whoever provides secure and safe passage of commercial vessels through Hormuz should be compenstaed; Iran has always been the Guardian of the Strait and will remain so forever; "20% is of course too much. We will be fair."

Minutes ago, two American Lucas drones in Bandar Abbas and Lar (Iran) were hit and destroyed by the IRGC's modern advanced aerospace defense systems, reports SNN

Arab sources report the sound of an explosion in Jeddah, Saudi Arabia; reports ILNA