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Iran's Aggression in Strait of Hormuz Halts Global Oil Supply Amidst Iran-Israel War; Europe and Japan Unite for Security
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Iran's Hormuz Aggression Halts Global Oil Supply; Europe-Japan Unite for Security
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News18
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20-03-2026, 07:56
Iran's Hormuz Aggression Halts Global Oil Supply; Europe-Japan Unite for Security
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Tensions escalate around the Strait of Hormuz, prompting a joint statement from Europe and Japan.
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Britain, France, Germany, Netherlands, Italy, and Japan pledge active role in ensuring safe navigation.
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Joint statement condemns Iran's attacks on commercial vessels and infrastructure, calling them contrary to international law.
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Strait of Hormuz, vital for 20% of global oil/gas, faces near halt in shipping due to Iranian actions.
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European fuel prices surge; Brent Crude hit $119/barrel, gas prices up 60% since February 28.
Read Full Article on News18 in Bengali
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