Business

President Trump announced that the US blockade of Iranian ports is proving effective, urging Tehran to “just give up” amid escalating tensions. Iran’s Parliament Speaker dismissed the blockade’s impact, stating it has only increased global oil prices, while tensions in the Strait of Hormuz continue to disrupt markets.

The London business paper CITY AM leads with a revealed rich list of Met Police personnel. Elsewhere, Chancellor Jeremy Hunt has confirmed the Tories will back the pensions triple lock – a key policy for the party.

China is the focus in the Financial Times, which leads with reports the US and Japan are planning to bolster their security alliance in a bid to counter what they view as a growing threat from Beijing. A striking image of Moscow’s destroyed Crocus City Hall venue following Friday’s attack also features prominently.

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