Global leaders work to ease oil price surge as Trump signals more weeks of Iran war

Global leaders work to ease oil price surge as Trump signals more weeks of Iran war


Today, in New York and London, leaders from European and Middle Eastern countries worked to develop a plan to try and reopen the Strait of Hormuz, which has been largely closed since the war in Iran began. Today, a group of more than 40 countries led by British Foreign Minister Yvette Cooper coordinated plans to reopen the strait after the war ends, this mostly European and Arab coalition, born from behind-the-scenes diplomacy with the U.S., but also because European leaders realized a program to sell American weapons for Ukraine was at threat if Europe didn't respond to President Trump's demand to help open the strait. In New York at the United Nations, diplomats met at the Security Council to debate a draft resolution aimed at authorizing a military mission to protect commercial shipping in and around the Strait of Hormuz from Iranian attacks.

Author: Nick Schifrin, Eliot Barnhart


Published at: 2026-04-02 22:45:36

Still want to read the full version? Full article