
Iran’s Revolutionary Guards said on Monday the Strait of Hormuz is now “closed” and threatened to attack any vessel attempting to transit, in the most explicit warning yet against the Gulf’s main maritime chokepoint. A Guards commander said they would set any ship “ablaze” if it tried to pass, according to remarks carried by Reuters.

Global oil prices rose sharply on Monday and European equities fell as the regional conflict intensified, following attacks on vessels near the Strait of Hormuz and Iranian warnings to shipping in a chokepoint through which roughly a fifth of the world’s oil and gas trade moves.

An Iranian-made drone struck the UK’s RAF Akrotiri airbase in Cyprus overnight, causing no casualties and only limited damage, in an incident that brought the Middle East conflict directly onto European Union territory. British authorities raised force-protection measures and ordered non-essential personnel to leave and disperse, while the base continued operating, according to official information reported by Reuters.

Israel announced early Monday a new wave of airstrikes on targets in Tehran, as part of a U.S.-Israeli campaign that began on Saturday and has triggered a wider regional escalation involving cross-border attacks and strikes on U.S. forces and partners across the Gulf.

Israel said on Saturday that Iran’s Supreme Leader Ayatollah Ali Khamenei died during a wave of airstrikes on Iranian territory. An Israeli official, speaking anonymously to local media, said “his body has been found.” Prime Minister Benjamin Netanyahu also said there were “growing signs” that Khamenei had died.

The United States and Israel launched strikes on Iran on Saturday, reigniting a regional conflict and further dimming hopes for diplomacy over Tehran’s nuclear program. Explosions were reported in Tehran as Israel moved to emergency measures and shut its airspace to civilian flights.

U.S. Ambassador to Israel Mike Huckabee urged embassy staff and family members who want to depart the country to do so “TODAY,” according to an email whose contents were reported by U.S. and Israeli media.

U.S. President Donald Trump has considered a timeline for potential strikes on Iran “in the coming days,” but no final decision has been made, CBS News reported, citing U.S. officials.

The United States is shifting the USS Gerald R. Ford, its largest aircraft carrier, from the Caribbean Sea to the Middle East in a move that would place two US carrier strike groups in the region as President Donald Trump presses Iran to reach a deal over its nuclear programme.

Israeli Prime Minister Benjamin Netanyahu is traveling to Washington to meet U.S. President Donald Trump on Wednesday, with Iran at the top of the agenda, after pushing to move the meeting forward from its originally planned date.