NATO Considers Mission in Strait of Hormuz Amid Shipping Disruptions
NATO is deliberating on a potential mission to ensure safe passage for ships through the Strait of Hormuz, which has been blocked by Iran since late February. This blockade followed the commencement of U.S. and Israeli military actions against Iran. The closure of this critical waterway, which facilitates the transit of about 20% of the world's oil and liquefied natural gas, has led to significant economic repercussions, including soaring energy prices and declining growth forecasts. While some NATO members support the idea of intervening to reopen the strait, the alliance has not yet reached a unanimous decision. A meeting of NATO leaders is scheduled for July 7-8 in Ankara to discuss the issue further.