Ryanair warns it may freeze pay as fuel costs climb over Iran war

■ Steady

Iran says two tankers hit mines in Hormuz as Doha talks continue

On Monday Iran's IRGC said two tankers struck mines and caught fire in the Strait of Hormuz, while Trump again said the conflict will end soon and warned Iran to make a deal. Iran also warned that a renewed war with the US could outlast the previous one, with retaliation not limited by geography. Indirect talks in Doha reached a third day on Sunday, with Qatar trying to negotiate the release of more than $6bn in Iranian assets. Gulf officials are awaiting Washington's response to an Iranian proposal that could reopen the Strait of Hormuz.

• Iran's foreign minister said on Sunday that Iran and Qatar have a plan to reopen the Strait of Hormuz within two days, provided the US meets Tehran's conditions.
• Iran's security chief called a letter from US Vice-President JD Vance a positive shift, and the US and Iranian foreign ministers said a diplomatic end to the war remains possible.
• Ryanair warned on Monday that fuel costs tied to the war could add €2bn to its costs in 2028 and that it may freeze pay.
• Iranian lawmakers urged withdrawal from the nuclear Non-Proliferation Treaty on Saturday.