UK and Japan among countries that are considering options but yet to commit warships to blockaded shipping route
Countries including the UK, Japan, China and South Korea have said they are still considering their options but without making commitments after the US president, Donald Trump, urged them to send warships to the strait of Hormuz to secure the vital shipping route.
The effective closure of the strait of Hormuz by Tehran, in retaliation for airstrikes by the US and Israel, has proved catastrophic for global energy and trade flows, causing the largest oil supply disruption in history and soaring global oil prices.
However, the international response to Trump’s call for the dispatch of warships has so far proved vague and reluctant, with countries unwilling to commit to a military response that could prove treacherous for their navies.
Fuel prices have gone up by about a third or more. I have no idea where you live but to me this just sounds plainly untrue, since other countries and economies are suffering. And about 20% of global production stopping is obviously a thing.
I didn’t say that it’s not having an effect, I said the effect is not as bad right now as it is for the US because the US doesn’t have access to its oil reserves well actually it does have access to its oil reserves but the administration won’t use it because there’s hardly any left but it amounts to the same thing.