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President Donald Trump is urging international allies to help protect the Strait of Hormuz, a key shipping lane near Iran that carries about one-fifth of the world’s oil, but no countries have publicly committed to the effort.On Monday, Trump did not disclose which countries might be willing to help protect the strait. The president said he asked about seven countries and hopes China, France, Japan, South Korea and Britain participate.Chinese Foreign Ministry Spokesperson Lin Jian said on Monday, “China once again calls on parties to immediately stop military operations, avoid further escalation of the tense situation and prevent regional turmoil from further impacting the global economy.”France is undecided about escorting ships through the Strait. French President Emmanuel Macron, who spoke with Iranian President Massoud Pezeshkian on Sunday offered, “Only a new political and security framework can ensure peace and security for all.”A spokesperson for Japan’s government said as of Tuesday, the U.S. has not requested the assistance of the country’s military.U.K. Prime Minister Keir Starmer stated that Britain “will not be drawn into the wider war.”The potential threat to the strait could lead to higher oil prices in the U.S., which is why Trump is focused on safeguarding the narrow waterway.The impact is already being felt by Americans at the pump, with AAA reporting that regular gas prices have jumped to $3.79, marking a 24% increase since the war began 18 days ago.When Trump was asked about what his advisors have told him about how long gas prices will stay elevated, the president said, “I don’t need advisers to tell me that. I know I know what it is.” U.S. stocks experienced their best day on Monday since the start of the war, following a drop in oil prices. However, there is concern that if the strait remains closed for an extended period, it could keep enough oil off the market to drive inflation to debilitating levels.President Trump was asked on Monday if Iran’s air force was gone, if they had no missiles, and so forth, could the war wrap up this week. The president said, “Yeah,” but added he doesn’t think it will end this week.”It’ll be soon. It won’t be long and we’re going to have a much safer world when it’s wrapped up. It’ll be wrapped up soon. We’re going to have a much safer world. I had an obligation to do this,” Trump said. Keep watching for the latest from the Washington News Bureau:
President Donald Trump is urging international allies to help protect the Strait of Hormuz, a key shipping lane near Iran that carries about one-fifth of the world’s oil, but no countries have publicly committed to the effort.
On Monday, Trump did not disclose which countries might be willing to help protect the strait. The president said he asked about seven countries and hopes China, France, Japan, South Korea and Britain participate.
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Chinese Foreign Ministry Spokesperson Lin Jian said on Monday, “China once again calls on parties to immediately stop military operations, avoid further escalation of the tense situation and prevent regional turmoil from further impacting the global economy.”
France is undecided about escorting ships through the Strait. French President Emmanuel Macron, who spoke with Iranian President Massoud Pezeshkian on Sunday offered, “Only a new political and security framework can ensure peace and security for all.”
A spokesperson for Japan’s government said as of Tuesday, the U.S. has not requested the assistance of the country’s military.
U.K. Prime Minister Keir Starmer stated that Britain “will not be drawn into the wider war.”
The potential threat to the strait could lead to higher oil prices in the U.S., which is why Trump is focused on safeguarding the narrow waterway.
The impact is already being felt by Americans at the pump, with AAA reporting that regular gas prices have jumped to $3.79, marking a 24% increase since the war began 18 days ago.
When Trump was asked about what his advisors have told him about how long gas prices will stay elevated, the president said, “I don’t need advisers to tell me that. I know I know what it is.”
U.S. stocks experienced their best day on Monday since the start of the war, following a drop in oil prices. However, there is concern that if the strait remains closed for an extended period, it could keep enough oil off the market to drive inflation to debilitating levels.
President Trump was asked on Monday if Iran’s air force was gone, if they had no missiles, and so forth, could the war wrap up this week. The president said, “Yeah,” but added he doesn’t think it will end this week.
“It’ll be soon. It won’t be long and we’re going to have a much safer world when it’s wrapped up. It’ll be wrapped up soon. We’re going to have a much safer world. I had an obligation to do this,” Trump said.
Keep watching for the latest from the Washington News Bureau:
