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Chris Hippensteel

We’re watching today as Scott Bessent, the US treasury secretary, and Kevin Warsh, the chair of the Federal Reserve, deliver their opening remarks at the G20 meetings in Asheville, North Carolina.

US targets Iran’s Larak Island in first exchange of fire in more than a month as Masoud Pezeshkian says America ‘has not fulfilled its commitments’

• First US military attacks on Iran in a month prompt retaliation

Coinciding with this week’s G20 meeting, the EU has issued a statement saying it will work with the US and other allied countries to maintain economic pressure against Iran.

“The ‌EU welcomes efforts at ensuring that Iran ceases its destabilising activities and engages in peace negotiations with good ‌faith, also through additional economic pressure, including through ​the US-led Operation Economic Outcast,” it said in reference to the pressure strategy the White House describes as “an unprecedented campaign to sever every remaining economic lifeline sustaining” the Islamic republic.

Liverpool announced a major signing from Paris Saint-Germain while Everton and Newcastle are busy reshaping their attacks

Some slightly lower-key deals for you:

Rotherham United have confirmed the signing of Manchester United youngster Jayce Fitzgerald on loan for the rest of the season.

Barcelona have signed 16-year-old prodigy Mikael Baza from Hamburg – he will join their youth ranks.

Jaden Heskey is to return to Sheffield Wednesday from Manchester City on loan after impressing last season.

Iran responded to an assault on its Larak Island by targeting US bases in Jordan

• Trump threatens further action as US and Iran exchange fire in new flare-up

Coinciding with this week’s G20 meeting, the EU has issued a statement saying it will work with the US and other allied countries to maintain economic pressure against Iran.

“The ‌EU welcomes efforts at ensuring that Iran ceases its destabilising activities and engages in peace negotiations with good ‌faith, also through additional economic pressure, including through ​the US-led Operation Economic Outcast,” it said in reference to the pressure strategy the White House describes as “an unprecedented campaign to sever every remaining economic lifeline sustaining” the Islamic republic.