UK Prime Minister Keir Starmer, French President Emmanuel Macron and Japanese Prime Minister Sanae Takaichi have called for urgent action to reopen the Strait of Hormuz, as escalating conflict continues to choke one of the world’s most critical energy routes.
Starmer said Foreign Secretary Yvette Cooper will host a meeting of international leaders to assess options for restoring safe passage through the strait.
The move comes amid growing concern over the conflict’s impact on global energy supplies and trade. The Strait of Hormuz is a vital corridor through which around a fifth of the world’s oil and liquefied natural gas flows..
The disruption has already triggered one of the most severe energy shocks in decades.
The International Energy Agency has warned that supply losses are set to rise sharply, with shortages of key fuels such as diesel and jet fuel already emerging in parts of Asia and expected to reach Europe in the coming weeks.
In Tokyo, Macron reaffirmed the importance of freedom of navigation, saying he shared Takaichi’s position on the need to restore access to the waterway.
Speaking alongside Takaichi, Macron stressed that maintaining open sea lanes is essential for global economic stability, as markets continue to react to disruption caused by the conflict.
The closure of the strait has already cut millions of barrels per day from global supply, according to industry estimates, driving sharp volatility in oil prices. Analysts warn that prolonged disruption could push prices significantly higher and increase the risk of a global recession.
The crisis has effectively halted most traffic through the strait, intensifying pressure on energy markets and raising fears of wider economic fallout if access is not restored.
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U.S. President Donald Trump said negotiations with Iran will begin on Monday as Washington seeks a deal to reopen the Strait of Hormuz and curb Tehran...
Cuba faced another nationwide blackout after its electricity grid failed, deepening an energy crisis tied to fuel shortages and U.S. sanctions....
A tourist aircraft crashed near Peru's UNESCO-listed Nazca Lines on Saturday (1 August), killing all 13 people on board, authorities said.
U.S. President Donald Trump said late on Saturday he would hold off on a fresh attack on Iran as long as a deal could be reached quickly to halt Iran's nuclear ambitions and reopen the Strait of Hormuz.
Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, killing two crew members as emergency services continued efforts to contain fires fuelled by extreme heat and dry conditions across Europe.
U.S. President Donald Trump said negotiations with Iran will begin on Monday as Washington seeks a deal to reopen the Strait of Hormuz and curb Tehran's nuclear programme, while declining to set a deadline for an agreement.
French Prime Minister Sebastien Lecornu said wildfires that swept across France were now under control. Authorities warned that risks remained as Greece and Spain continued battling active blazes across parts of Europe.
Cuba faced another nationwide blackout after its electricity grid failed, deepening an energy crisis tied to fuel shortages and U.S. sanctions.
The Japanese yen strengthened on Monday after Japan and the United States confirmed a rare coordinated currency intervention to halt the currency's slide following weeks of pressure.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 3rd of August, covering the latest developments.
Oil prices fell sharply on Monday after U.S. President Donald Trump said talks with Iran would begin later in the day, raising hopes of easing tensions in the Middle East, while OPEC+ agreed to increase oil production for a sixth consecutive month, adding to expectations of improved global supply.
At least eight people were killed in overnight Ukrainian drone strikes across Russia, regional officials said, as Kyiv expanded attacks on infrastructure.
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