The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

The Times

The U.S. launched fresh strikes along the southern coast of Iran near the Strait of Hormuz, as delegations arrive in Qatar for peace negotiations to end the war.

The Guardian

Oil prices fell below $100 a barrel on Monday and stock markets rose on hopes that the U.S. and Iran are inching closer to a peace deal.

UK finance minister Rachel Reeves has instructed cabinet colleagues to award government contracts in four critical industries directly to British companies.

The Telegraph

Riyadh Air plans to serve 100 cities worldwide within five years and establish fleet of over 180 jets.

Meta META.O has urged Labour to enforce age verification checks directly on iPhone and Android smartphones amid a possible UK ban on child users.

Sky News

London-listed lender Shawbrook Group SHAW.L is examining an attempt to merge with rival Aldermore.