Saudi Arabia warns of ‘catastrophic consequences’ for global oil markets as Iran disrupts the Strait of Hormuz. Saudi Aramco’s CEO, Amin Nasser, cites the ongoing crisis as unprecedented. The situation could drastically impact the global economy; observe developments closely.

Six people have been killed in a bus fire in Kerzers, Switzerland, believed to have been started by a passenger who set himself alight. Three others sustained severe injuries. An investigation is underway by local authorities. Swiss President Guy Parmelin has expressed condolences.