The United Kingdom is hosting a virtual summit on reopening the Strait of Hormuz.

The United Kingdom is inviting approximately 30 countries to a virtual summit on Thursday to discuss plans to reopen the vital Strait of Hormuz trade route in the Middle East. The BBC reported on this.

 

It is reported that the summit will discuss diplomatic and political measures to ensure safe passage through the strait. At the same time, the United States will not participate in this meeting.

 

In response to military actions taken against it by the US and Israel, Iran has attacked several ships in the strait. This has severely disrupted energy exports and led to a sharp rise in fuel prices.

 

On Wednesday, US President Donald Trump told other countries to "summon the courage" to reopen the route themselves and "find" their own oil.

 

According to the report, UK Foreign Secretary Yvette Cooper will chair the virtual meeting. The summit is expected to be attended by governments that signed a joint statement in March demanding an end to attacks on commercial vessels by Iran. This statement was supported by Gulf countries, as well as France, Germany, Japan, Australia, and other nations.

 

UK Prime Minister Keir Starmer said he is "exploring all available diplomatic options" for reopening the route. He also stated that Britain would consider measures to keep the strait open and secure once the war stops.

 

Approximately one-fifth of the world's oil and gas passes through the Strait of Hormuz. In recent weeks, the price of a barrel of Brent crude oil has exceeded $100.