In a concerted effort to address the crippling gridlock in the Strait of Hormuz, a vital maritime artery, a coalition of 40 countries led by the United Kingdom is convening a high-level virtual summit. The gathering, chaired by UK Foreign Secretary Yvette Cooper, will scrutinize all feasible diplomatic and political avenues to revive the waterway, which has been effectively severed by Iran in response to the ongoing conflict initiated by the United States and Israel.
Iran’s retaliatory strikes against commercial vessels and the looming threat of further attacks have brought nearly all traffic in the strait to a standstill, severing a critical lifeline for the global oil supply and sending petroleum prices skyrocketing. The meeting, scheduled for Thursday, takes place despite the absence of the United States, whose President Donald Trump had previously stated that securing the waterway is not a priority for his country.
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