UK, France to Host Summit on Strait of Hormuz
The UK and France are hosting a summit to discuss setting up a naval force that would ensure freedom of navigation in the Strait of Hormuz.
The Maritime Freedom of Navigation Initiative would be “strictly defensive in nature,” according to a UK statement, and it would be coupled with insurance industry support and back efforts to clear mines in the strait.
The European initiative may not go far enough to satisfy Trump, who has mocked NATO over what he’s called a refusal to help the US confront I
Hormuz blockade strains global trade
- Crypto tolls in the strait of Hormuz shows why bitcoin thrives in times of crisis The Conversation —
- Hormuz standoff shows no signs of letting up for vital shipping to resume from Gulf Euronews —
- Strait of Hormuz blockade hurts Iran’s economy, threatens to spike energy prices The Hill —
- Pakistan oil tanker becomes first to exit through Hormuz since US blockade began South China Morning Post —
- Hong Kong-flagged oil tanker passes through Strait of Hormuz in test of US blockade South China Morning Post —