''Scary' clash in Channel' and 'Oh frigate!'

Here is the latest breaking news from around the world: ''Scary' clash in Channel' and 'Oh frigate! '9 minutes ago Share Save Add as preferred on GoogleMost of Wednesday's papers lead on the warning shots fired by a Russian warship near a UK-registered yacht in the English Channel on Tuesday morning. The British couple on board tell the i Paper that they were sailing their boat to Normandy, and were about 500 yards (457m) from the ship.

They describe the interaction as "a bit scary"The Guardian also details the event, reporting the "rare incident" took place more than 20 miles south of the Isle of Wight at about 11:40 BST. The paper includes a statement from the Ministry of Defence, who said that following attempts to contact the British vessel, the Admiral Grigorovich fired warning shots that "were not aimed at the vessel and were an attempt to prevent a possible collision""Russian warship fires at yacht in the Channel" reads the headline on the front page of the Times. The paper describes the Admiral Grigorovich as a 409ft (125m) frigate from Russia's Black Sea Fleet.

The Details

It quotes the Russian defence ministry as saying the warship fired a "pre-emptive salvo" at the motorless yacht as it approached on a "dangerous course", and attempts to contact the vessel via radio and with signal flares had failedThe Daily Telegraph carries an almost identical headline: "Russian warship fires shots in Channel". The front page also features a photograph of King Charles III and Queen Camilla watching their horse, Reaching High, at Royal Ascot on Tuesday"Vlad fires on Brit OAPs in Channel" writes the Sun, along with an image of the UK-registered yacht, Bright Future, at the centre of the incidentThe Russian frigate in question, the Admiral Grigorovich, is pictured front and centre of the Daily Express, along with the headline: "Putin's ship opens fire"The Daily Mail joins other Tuesday papers in detailing the incident in the English Channel, but asks whether it could be catalyst for the prime minister to "wake up and boost defence spending". Last week now-former defence secretary John Healey resigned over the government's long-delayed military spending planThe Independent also mentions the government's defence plans.

The paper says the prime minister's G7 visit has been "overshadowed by claims his defence plan is 'well short' of what's needed to keep Britain safe""Oh frigate! " the Daily Star's headline reads. The paper reports that the incident comes just days after Royal Marine Commandos intercepted a Russian shadow fleet oil tanker in the ChannelIn other stories, the Financial Times leads on SpaceX overtaking Amazon to become the world's fifth most valuable company.

The story has become one of the most prominent items on the global agenda.