Crystal Palace’s hopes of playing in Europe next season appear to have been boosted after shareholder John Textor sold his stake in the club.

Some experts have warned that the closure of the critical Strait of Hormuz waterway could see oil prices hit 100 US dollars (£74.43) a barrel.

David Lammy said he had told Iran it would be a “mistake” to blockade the Strait of Hormuz, as he urged Iran to take the “off-ramp” and engage in diplomacy. The Foreign Secretary said it would be a ...