
"We are not a party to the conflict and therefore France will never take part in operations to open or liberate the Strait of Hormuz in the current context. However, we are convinced that once the situation becomes calmer... we are ready, alongside other nations, to take responsibility for an escort system."
"Global oil prices have surged by 40 to 50 percent since Iran started attacking shipping in the critical waterway and launched waves of missile and drone strikes across the Gulf."
"Trump has criticised the lukewarm response from allies who have pushed back on a possible mission to reopen the strait, through which normally passes a fifth of global crude oil supplies."
France will not join military operations to reopen the Hormuz Strait, which Iran has effectively closed in response to US-Israel military actions. President Macron stated France is ready to help escort ships once the situation stabilizes. Global oil prices have surged 40-50 percent since Iran began attacking shipping and launching missile and drone strikes. Trump has pressured allies to assist in securing the waterway, through which one-fifth of global crude oil passes. However, most US allies, including Britain, Germany, Japan, Australia, Poland, Spain, Greece, and Sweden, have declined military involvement, with some emphasizing the conflict is not a NATO matter.
Read at www.thelocal.fr
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