The Age
·general
·1 hour ago
US rallies allies to reopen Strait of Hormuz as oil prices spike
The US is rallying international support to reopen the Strait of Hormuz after two months of closure disrupted 20 percent of global oil and gas supplies. Brent crude surged past $125 a barrel, the highest since March 2022. With negotiations stalled, President Trump is reviewing potential military strikes on Iran while mediator Pakistan seeks to prevent further escalation.
Summary by Glance · The Age
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