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2026March › 31

Hormuz

4 months ago

The defence secretary's comments came after US President Donald Trump told other nations to "go get your own oil".
NATO partners, including the European Union, have largely refused to help secure the strait.

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Cost of oil likely to keep climbing until Strait of Hormuz reopens to shipping

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Donald Trump has urged other countries to buy oil fro…

Oil prices - which have a significant effect on the cost of wholesale fuel - have soared in response to Iran's stranglehold on tankers passing through the Strait of Hormuz.
Two military scenarios and one diplomatic one emerge, with Pakistan playing a crucial mediatory role.

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