"In a phone conversation with UN Secretary-General Antonio Guterres on Tuesday, Araghchi said every country and international institution concerned with peace and security must condemn the US and Israel and demand an end to their military aggression against the Iranian nation, according to Iran's semiofficial Tasnim news agency."
"A barrel of Brent crude, the international benchmark, was up 2.5 percent at $105.70 on Monday. That is more than 40 percent higher than before the war began on February 28."
"US President Donald Trump over the weekend called for a naval coalition to join the US Navy in securing the waterway, but no countries have so far pledged to join. He specifically asked NATO member states to join the coalition, threatening that they would face a very bad future if they failed to assist the US."
Iran's Foreign Minister Abbas Araghchi has attributed shipping disruptions in the Strait of Hormuz to US-Israel military operations, calling for global condemnation and an end to military aggression. The strait handles one-fifth of world oil shipments. Brent crude prices have risen over 40 percent since the conflict began on February 28, reaching $105.70 per barrel. Iran claims the strait remains open but closed to enemies, while several nations negotiate safe passage. US President Trump has called for a naval coalition to secure the waterway, but no countries have committed. The EU seeks diplomatic solutions to ensure transit and stabilize energy prices without expanding its existing Aspides mission.
#strait-of-hormuz-shipping-disruptions #iran-us-israel-tensions #global-oil-prices #international-maritime-security #diplomatic-negotiations
Read at www.aljazeera.com
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