The Iranian threat to close the Strait of Hormuz has caused world oil prices to spike, and the US Navy is preparing for mine-countermeasure operations, but needs the help of allies to augment its capabilities and secure the sea lanes.
Six U.S. Western allies announced in a joint statement on Thursday their support for a potential coalition to reopen the strait of Hormuz for commercial ships and oil tankers. Reality check: The statement does not include any commitment to send naval vessels or other resources to make that happen. For now, it's largely a gesture to placate President Trump,…
Europe’s biggest naval powers don’t see a way of reopening the Strait of Hormuz to commercial shipping before the Iran war subsides.
A bevy of European countries and Japan issued a joint statement to condemn Iran and pledge to defend the Strait of Hormuz from the belligerent regime's military threat.Iran has shut down the strait and sent oil prices spiraling after the U.S. and Israel began military strikes about three weeks ago.'Everybody agrees. The strait cannot stay closed. It has to…
The gas prices are unmissable. Since the US and Israel launched strikes on Iran on February 28, Brent crude oil has surged past $100 a barrel for the first time in four years, briefly topping $119 on March 19. California drivers are paying over $5 a gallon, while gasoline prices in Japan hit a record…
A new internal assessment at the Pentagon warns that the Strait of Hormuz could remain closed for six months or more. But when asked about it, the Pentagon spokesperson said that's the worst that could happen and they're not really taking that time frame seriously. “One of the core conundrums of this conflict is the Iranians have real leverage with this,…
President Trump met with Japanese Prime Minister Sanae Takaichi as fighting continues in the Middle East.
