The United States has put a draft resolution before the United Nations Security Council calling on Iran to stop attacks and the mining of the Strait of Hormuz. Washington is lobbying member countries to back the move, but diplomats say China and Russia are almost certain to use their veto power to block it.

The Strait of Hormuz is one of the world's most critical shipping lanes. About a fifth of global oil and liquefied natural gas passes through it, connecting the Persian Gulf to international markets. Any disruption there ripples quickly into energy prices worldwide.

Why the Veto Looks Likely

China and Russia hold permanent seats on the Security Council, which gives each of them the power to kill any resolution outright. Both countries have consistently shielded Iran from binding UN action in recent years, making a veto the expected outcome rather than the exception.

The U.S. push appears designed as much to build a diplomatic record as to pass a binding measure. When a resolution fails by veto, the countries that cast those votes bear public responsibility for blocking it — a dynamic Washington has used before to isolate rivals on the world stage.

What It Means for Energy Markets and Shipping

The fact that the U.S. felt it necessary to bring a formal UN resolution signals that concerns about Hormuz security are serious enough to escalate to the highest diplomatic level. Even without a passed resolution, the debate itself keeps attention on the risk of supply disruption in a corridor that moves oil from Saudi Arabia, Iraq, Kuwait, and the UAE to global buyers.

For energy traders and shipping companies, a deadlocked Security Council means no new multilateral enforcement mechanism is coming soon. That leaves the burden of protecting vessels on individual navies and existing coalitions, with no fresh UN mandate to widen or formalize that effort.

Watch for how Security Council members beyond China and Russia vote — abstentions or split votes among non-permanent members would signal how isolated Washington or Beijing appears on the question. Any escalation in actual incidents in the strait after the vote fails would become the more immediate market trigger.