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newsApr 2, 20261:24

Britain Leads Summit on Strait of Hormuz

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Britain hosts virtual summit to reopen Strait of Hormuz, as U.S. sits out. Oil prices surge, supplies dwindle due to Iran blockade. Trump urges nations to buy American oil, assert control over strategic waterway.

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Britain Leads Summit on Strait of Hormuz

UK News Today | 2 Min News | The Daily News Now!

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Full transcript

UK News Today | 2 Min News | The Daily News Now!Britain Leads Summit on Strait of Hormuz. Machine-transcribed; use the interactive transcript above to jump the player to any line.

On April 2nd, Britain's kicking off a virtual summit today on reopening the Strait of Hormuz, but the United States is sitting it out. Foreign Secretary Avet Cooper pulled together about 35 nations, including France, Germany, and some Gulf states to tackle the blockade. That's shut down this vital waterway. This comes right after former President Trump pushed hard for other countries to step up and secure the Strait, which normally handles about one-fifth. Of the world's oil, I ran holding it tight since the U.S. and Israel kicked off their military push, and the narrow channels tough to police without boots on the ground, inside Iran. Folks are feeling the pinched hard oil and gas prices are spiking, fertilizer and aluminum supplies are choked off, hitting food production in every day. Goods. Prime Minister Kierstarmers out there calming worried Brits, promising the government's got a handle on the fallout. Trump's been firing off threats to wipe out Iran, if they don't budge, and even floated pulling the U.S. from NATO, though a 2023 law means the Senate has to sign off on that.

After the summit, military folks will map out ways to make the Strait safe once fighting cools, but no royal navy ships are heading into patrol. Trump's pitching that nations buy American oil in the meantime, and muster some backbone to claim the passage themselves, figuring Iran will reopen it, naturally to sell their crude and rebuild once the dust settles.

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