European Union seeks diplomatic solution for the Strait of Hormuz

Tuesday, 17 March 2026RSS
European Union seeks diplomatic solution for the Strait of Hormuz

The European Union's foreign policy chief, Kaja Kallas, believes it is necessary to find diplomatic means to keep the Strait of Hormuz open, while US President Donald Trump asks allies to send warships to ensure the security of transit amidst the war in Iran. The price of Brent crude for May delivery opened higher again today, with a sharp increase of over 4%, approaching 105 dollars per barrel.

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