UPDATE | Chris Philp, technology minister, resigns, as well as James Cartlidge, who resigns as courts' minister

❗️ Sam Coate, deputy political editor with Sky News, citing a source, said that Downing Street is preparing a resignation letter, but it is unclear whether the prime minister will read it

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⚡️ Gas prices in Europe have exceeded $1,900 per 1,000 cubic meters since March - Intercontinental Exchange

Russian FM Lavrov is holding talks with fellow G20 diplomats in Bali. Head of Russia's diplomacy has underlined the importance of Russia-China strategic ties in "creating a fairer and more democratic world order" during a meeting with Chinese FM Wang Yi.

WATCH: Footage of Western Military District Grad multiple launch rocket systems in action has been released by the Russian Defense Ministry

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⚡️ Sky News political editor Beth Rigby says, citing a source, that the resignation of Boris Johnson should be expected today

⚡️ Nadhim Zahawi, chancellor of the exchequer, calls on BoJo to leave his post

⚡️ Michelle Donelan resigns as education secretary

⚡️ Defense Secretary Ben Wallace withdraws support for PM, does not resign

⚡️ Caroline Johnson resigns as Vice Chair

⚡️⚡️ UK media: Prime Minister Boris Johnson agrees to resign, statement expected within hours

⚡️ Sky News reports citing source that new leader of UK Conservative Party will be appointed by October

⚡️ Boris Johnson is set to make a statement later in the day, according to Sky News, citing a spokesman for Number 10

⚡️ According to No 10 sources, BoJo, in a conversation with chair of the Conservative backbench 1922 Committee Sir Graham Brady, has agreed to resign

⚡️Sterling gains on unconfirmed reports UK PM Boris Johnson will resign today

⚡️ Labour leader Starmer celebrates expected resignation of BoJo