EnergyNational 1d 16h left
Would a US-Iran deal reopening the Strait of Hormuz serve UK energy security interests?
The Strait of Hormuz carries roughly 14 million barrels of oil daily, a critical chokepoint for global supplies. Tensions have led to its effective closure in recent months, reducing daily passages from 135 ships to as few as 5-7 and driving UK energy prices higher. A completed US-Iran deal has been announced reopening the strait within 30 days under Iranian arrangements, with UK, France, Germany and Italy positioned to lift related sanctions.
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