"We condemn in the strongest terms recent attacks by Iran on unarmed commercial vessels in the Gulf, attacks on civilian infrastructure including oil and gas installations, and the de facto closure of the Strait of Hormuz by Iranian forces. We express our deep concern about the escalating conflict. We call on Iran to cease immediately its threats, laying of mines, drone and missile attacks and other attempts to block the Strait to commercial shipping."
"Freedom of navigation is a fundamental principle of international law, including under the United Nations Convention on the Law of the Sea. The effects of Iran's actions will be felt by people in all parts of the world, especially the most vulnerable. Consistent with UNSC Resolution 2817, we emphasise that such interference with international shipping and the disruption of global energy supply chains constitute a threat to international peace and security."
Six leaders from the UK, France, Germany, Italy, the Netherlands, and Japan issued a joint statement condemning Iran's attacks on commercial vessels, civilian infrastructure, and the de facto closure of the Strait of Hormuz. UK Defence Secretary John Healey announced increased defensive support for Gulf states following Iranian strikes on energy sites, describing the situation as a serious escalation. Brent crude oil prices surged approximately 7% to $114 per barrel, approaching levels seen since late February. The leaders emphasized that freedom of navigation is fundamental international law and called for Iran to cease attacks and comply with UN Security Council Resolution 2817, warning that interference with shipping and disruption of energy supply chains threaten international peace and security.
#iran-gulf-tensions #strait-of-hormuz-blockade #international-shipping-security #energy-market-volatility #multilateral-diplomacy
Read at London Business News | Londonlovesbusiness.com
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