UPDATE 1-Iran will "pay the price" if persists with aggression, Saudi minister tells Le Monde

Saudi Arabia's Minister of State for Foreign Affairs warned regional rival Iran there would be more sanctions if it continued its "aggressive polices", but said Riyadh wanted to avoid war. "Today, Iran is under severe economic sanctions," Adel al-Jubeir told Le Monde newspaper in an interview published on Monday. Jubeir was speaking in Paris after meeting his French counterpart as European powers seek to defuse tensions in the region after Iran downed a U.S. military surveillance drone and was blamed for attacks on six oil tankers.