The UK will host on Wednesday and Thursday a two-day multinational conference convening military planners from more than 30 countries as Britain and France renew efforts to re-open the Strait of Hormuz.
The two-day conference takes place just after U.S. President Donald Trump late on Tuesday extended the U.S.-Iran ceasefire until negotiations with Iran conclude “one way or the other.” President Trump has also ordered that the U.S. blockade at the Strait of Hormuz remains in place.
Hopes of U.S.-Iran negotiations resuming as early as Wednesday were dashed after reports emerged that the trip of U.S. Vice President JD Vance to Pakistan, which hosted the previous round of failed talks, has been put on hold.
As of early Wednesday, there were no signs that the talks could resume soon.
Set OilPrice.com as a preferred source in Google .
The U.S. is keeping the naval blockade outside the Strait of Hormuz, which Iran has called a “siege” and a violation of the ceasefire.
The UK, which early this month hosted the first such meeting, said that this week’s conference is part of the UK and French leadership of a multinational coalition to reopen the Strait.
“The sessions will advance military plans to reopen the Strait, as soon as conditions permit, following a sustainable ceasefire agreement,” the UK government said in a statement.
“The task, today and tomorrow, is to translate the diplomatic consensus into a joint plan to safeguard freedom of navigation in the Strait and support a lasting ceasefire,” UK Defence Secretary John Healey said ahead of the conference.
“International trade, energy security and the stability of the global economy depend on freedom of navigation,” the UK official added.
“By building on our common purpose, strengthening multinational coordination and planning for effective collective action, we can help reopen the Strait, stabilise the global economy and protect our people.”
By Michael Kern for Oilprice.com
More Top Reads From Oilprice.com
- Global Oil Inventories Drift Toward Record Lows
- Australian State Bets on Biodiesel To Reduce Reliance on Oil
- Oil Flows via Druzhba Set To Restart Today
