The Trump administration is quietly building a new international coalition to restore freedom of navigation through the Strait of Hormuz, according to a State Department cable seen by Reuters. The US is seeking other countries to join the effort, though the cable does not specify which nations have been approached or committed to participate. The Strait of Hormuz is the world's most critical oil shipping chokepoint, connecting Gulf producers, including Saudi Arabia, the UAE, Iraq, and Iran, to global markets. Roughly 20% of all oil traded globally passes through it. Any disruption there triggers immediate pressure on oil prices and shipping costs. The move signals Washington's concern that the strait faces a credible enough threat to require multilateral action, though the cable does not identify a specific triggering incident. The coalition's shape, mandate, and timeline remain unclear. Whether key naval partners agree to join, and how Iran responds, will determine how much practical weight the effort carries.
Iranian armed forces attacked a cargo ship in the Strait of Hormuz on Thursday, briefly halting traffic through the waterway. The strike threatens a fragile US-Iran arrangement and could push shipping insurance costs and oil prices higher.
The US has struck Iran, with President Trump citing an Iranian attack on a ship in the Strait of Hormuz as justification. The action raises immediate risks for global oil flows through one of the world's most critical shipping chokepoints.
The US struck ten Iranian targets on the second consecutive day of military action, putting a fragile ceasefire under serious pressure. The escalation raises immediate risks for Gulf shipping, global oil supply, and regional stability.
Venezuela's twin earthquakes, magnitudes 7.2 and 7.5, have killed at least 164 people and injured 971, interim president Delcy Rodriguez confirmed Thursday. The quakes are the country's strongest since 1900, collapsing buildings across Caracas and prompting a state of emergency, with the death toll expected to rise as