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.
France-Japan cooperation
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.
What is your opinion on this topic?
Leave the first comment