Strait of Hormuz energy crisis

Pakistan has reportedly reached a deal with Iran to allow 20 ships through the strait, though experts question the logistical feasibility of the move.

Meanwhile, Italian Prime Minister Giorgia Meloni has visited Qatar to strengthen energy ties and bolster supplies hit by the conflict.

In the UK and Australia, hundreds of petrol stations have run out of fuel, leading to warnings of imminent diesel shortages.

The economic fallout is deepening as shipping routes remain cut off, forcing governments to consider emergency loans and subsidies for businesses struggling with 'eye-watering' energy costs.