Trump Calls on Seven Countries to Join Coalition to Secure Strait of Hormuz
Trump urged seven countries to form a naval coalition securing the Strait of Hormuz, crucial for 20% of global oil, amid escalating U.S.-Iran conflict and soaring prices.
- On Monday, President Donald Trump demanded that approximately seven countries, including China, France, Japan, South Korea, and the United Kingdom, deploy warships to secure the Strait of Hormuz. No nation has publicly committed to the coalition.
- Iranian missile attacks have effectively closed the Strait of Hormuz, halting tanker traffic and driving global oil prices to roughly $106 a barrel, representing the largest disruption to global oil supply ever.
- Despite Trump's request, Japanese Prime Minister Sanae Takaichi stated Monday that her country has "no plan to dispatch" naval vessels, while Australia confirmed it will not send ships to the region.
- The International Energy Agency announced Sunday that nearly 412 million barrels of emergency oil stocks will flow to global markets immediately, representing the largest collective action ever to stabilize prices.
- President Trump warned that failing to assist could jeopardize NATO's future and indicated he may delay his summit with Chinese President Xi Jinping to pressure Beijing into helping reopen the strait.
509 Articles
509 Articles
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Trump: ‘I Have To Do What’s Right’ And Stop Iran’s Nuclear Threat, Oil Prices And Polls Be Damned
By Robert Romano “I have to do what’s right. You know, political, I’m sure, everybody has concern. I have to do what’s right. I can’t say that, you know, gee, I don’t want to have any impact on oil prices for three or four weeks or two months and we’re going to let Iran have a nuclear weapon and blow up the entire Middle East and beyond, right?” That was President Donald Trump aboard Air Force One on March 15 responding to a reporter’s question …
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