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Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open.

A lot of developments to digest from the war in the Middle East. President Donald Trump is putting pressure on nations to support the re-opening of the Strait of Hormuz, while also threatening to target Iran’s Kharg island once again — this time aiming for its oil infrastructure.

It marks another weekend of escalating attacks in the regions, while diplomatic channels remain as choked as the Strait of Hormuz itself.