U.S. seeks international help to reopen Strait of Hormuz as crude prices surge
The United States is working to form an international coalition to reopen the Strait of Hormuz, according to a State Department cable, as the waterway remains closed two months into a conflict stemming from U.S.-Israeli strikes on Iran. The closure has disrupted 20% of global oil and gas supplies, contributing to rising energy prices and economic concerns. Efforts to restore shipping through the strategic chokepoint are underway amid heightened geopolitical tensions.
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The United States is pressing ahead with plans for an international coalition to open the Strait of Hormuz, according to a State Department cable seen by Reuters, as oil prices surge on fears of lengthy disruptions to global fuel supplies.Two months into the war that started with U.S.-Israeli strikes on Iran, the vital sea channel remains closed, choking off 20% of the world’s supplies of oil and gas. That has sent global energy prices surging and heightened concerns about the risks of an economic downturn.
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