About 40 countries yesterday discussed joint action to reopen the Strait of Hormuz and stop Iran holding ‘the global economy hostage’, Britain said, after US President Donald Trump said securing the waterway was for others to resolve.
British foreign minister Yvette Cooper said Iran’s ‘recklessness’ in blockading the waterway was ‘hitting households and businesses in every corner of the world’ as she chaired the virtual meeting, which included France, Germany, Canada, the UAE and India.
“We have seen Iran hijack an international shipping route to hold the global economy hostage,” Cooper said in opening remarks broadcast to the media before the rest of the meeting took place behind closed doors.
The discussions took place after Trump said on Wednesday that the Strait could open ‘naturally’ and it was the responsibility of countries that rely on the waterway to ensure it was open.
European officials said yesterday’s initial meeting focused on which countries were prepared to participate in the proposed coalition and the diplomatic and economic options available to persuade Iran to open the Strait.
Although the meeting ended without any specific agreements, there was a consensus Iran should not be able to introduce transit fees on ships using the waterway and all nations should be able to use it freely, one of the officials said.
The next stage of talks will be when military planners meet next week to discuss options, including potential mine-clearing work and providing a reassurance force for commercial shipping.
Iran has effectively shut down the key waterway in retaliation for US-Israeli strikes which began in late February. Reopening it has become a priority for governments around the world as energy prices soar.
European countries initially refused Trump’s demand to send their navies to the area because of fears about being dragged into the conflict. But concerns about the impact of the rising cost of energy on the global economy have prompted them to try to form a coalition to see how they can defend their own interests. European diplomats said putting the coalition together was at an early stage, with Britain and France leading. The US was not involved.
France’s Armed Forces spokesperson Guillaume Vernet said the process would be multi-phased and could not happen until hostilities had ended. A focus of the talks would be how to ensure ship-owners could feel confident enough for vessels to resume travelling through the area and to bring down insurance premiums. There would also eventually need to be co-ordination with Iran to ensure that there will be security guarantees for ships, Vernet said, something that is unlikely for now.
France’s President Emmanuel Macron yesterday said seizing the Strait militarily was an ‘unrealistic’ option. “It would take an indefinite amount of time, and it would expose all those who venture through this Strait to coastal risks from the Revolutionary Guards, as well as ballistic missiles,” he said.