Skip to playerSkip to main content
  • 23 hours ago
Transcript
00:02Leaders from more than three dozen countries are meeting today to try to reopen the Strait of Hormuz after Iran
00:09blocked one of the world's most critical oil routes.
00:11The meeting comes as oil prices jump more than 6 percent and Asian markets slide after President Trump said the
00:18U.S. will continue to hit Iran hard.
00:22Iran has restricted passage through the Strait since the fighting began on February 28th, disrupting a key shipping lane that
00:29carries a major share of the world's oil.
00:32Prices have stayed above $100 a barrel for much of the past month.
00:3635 countries are taking part, including the U.K., which is hosting the talks, along with France, Germany, Italy, Canada,
00:43Japan and the United Arab Emirates.
00:45The U.S. is not attending. Trump says securing the waterway is not America's responsibility, telling allies to, quote, go
00:53get your own oil.
00:54So far, no country has stepped forward to reopen the Strait by force, though the UAE has offered to help
01:00the U.S. do so.
01:02U.K. Prime Minister Keir Starmer says military planners are working on options to protect shipping once the fighting ends.
Comments

Recommended