US

The announcement comes amid intensifying competition in space, where the US has repeatedly accused China and Russia of developing anti-satellite weapons

A vessel was reportedly struck by a projectile in the Strait of Hormuz, adding to fears over global energy supplies after Saudi Arabia shut its vital East-West oil pipeline following a drone attack

Saudi Arabia has temporarily shut its East-West oil pipeline after a drone attack, adding to global supply concerns as disruptions intensify around the Strait of Hormuz and Red Sea

The strikes were carried out after Iran’s Islamic Revolutionary Guard Corps launched ballistic missiles at two US Navy ships

US president warns countries, banks and businesses against providing an economic “lifeline” to Tehran as Iran dismisses the threat and oil prices climb

America’s Strategic Petroleum Reserve has fallen to 293.4mn barrels as Washington draws down emergency stocks

Oil prices climbed as hopes for a US-Iran deal faded, with Tehran threatening a more offensive military posture and renewed attacks fuelling fears over Strait of Hormuz shipping

Data shows just five commodity vessels transiting the strait on Saturday, with none registered for Sunday

Donald Trump quipped that the Strait of Hormuz could soon become “US territory” as he defended higher fuel prices as part of the cost of confronting Iran

Salvage crews are racing to contain an oil spill from the grounded Caroline Bezengi tanker after Russian crude spread around an Omani marine reserve and reached the country’s coastline