Iran says it will not reopen the Strait of Hormuz until Donald Trump makes further concessions; Amazon billionaire Jeff Bezos is close to acquiring a stake in Liverpool. Follow live updates.

Iran, Oman agree on framework regarding Hormuz, with final approval still pending from Tehran.

Iran’s sweeping demands test Trump as the Strait of Hormuz remains choked, threatening global oil flows and hinging on a wider US-Tehran bargain beyond Oman talks.