-
Kenya's economy faces climate change risks: World Bank
-
Venezuela inflation hit 475% in 2025, the world's highest level
-
Only nine commercial ships detected crossing Hormuz Strait since Monday
-
NASA defense test kicked asteroid off course -- and changed its orbit around the sun
-
Anthropic vows court fight in Pentagon row
-
Middle East war a new shock for financial markets
-
Only nine commercial ships detected crossing the Hormuz Strait since Monday
-
Swiss eyeing fewer F-35 fighters, reshaping defence set-up
-
Oil prices surge as Mideast war rages, stocks fall on US jobs
-
Securing shipping lane from Mideast war 'challenging', say experts
-
US retail sales decline as consumer pullback deepens
-
War in Middle East raises stagflation fears in Europe and beyond
-
Soaring gas prices spark renewed debate about European electricity
-
Germany's Axel Springer swoops for British newspaper The Telegraph
-
US sheds jobs in February in warning sign for Trump's economy
-
Iran drone strike on Azerbaijan raises fears of Mideast war spreading to Caucasus
-
Hungary to expel seven Ukrainians as Zelensky, Orban quarrel over Russian oil
-
Stocks fluctuate, oil climbs as Mideast crisis rages
-
China says 'clearly aware' of economic risks, vows to boost spending
-
Australia forces porn sites to block under-18s from Monday
-
Equities mostly drop as Mideast crisis rages, though oil dips
-
Brazil's Petrobras sees profit soar on record output
-
US, Venezuela restore ties as Washington pushes for minerals access
-
Middle East war enters seventh day as Israel strikes Beirut
-
US says Venezuela to protect mining firms as diplomatic ties restored
-
Paramount's Ellison vows CNN editorial independence
-
Oil prices rise, stocks drop as Middle East war stirs supply concerns
-
Google opens AI centre as Berlin defends US tech reliance
-
Union loses fight against Tesla at German factory
-
Stocks, oil climb as Middle East war stirs volatility
-
The silent struggle of an anti-war woman in Russia
-
China sets lowest growth target in decades as consumption lags
-
Seoul leads rebound across Asian stocks, oil extends gains
-
China prioritises energy and diplomacy over Iran support
-
Israel, Iran launch fresh attacks as war spreads
-
Google to open German centre for 'AI development'
-
Sci-fi without AI: Oscar nominated 'Arco' director prefers human touch
-
Brazil ratifies EU-Mercosur trade deal
-
US, European stocks rise as oil prices steady; Asian indexes tumble
-
US Fed warns 'economic uncertainty' weighing on consumers
-
Florida family sues Google after AI chatbot allegedly coached suicide
-
Bayer gets preliminary approval for weedkiller class settlement
-
Russia to free two Hungarian-Ukrainian POWs, Putin says
-
Michelangelo's works hidden in 'secret room', researcher says
-
Ivory Coast cuts cocoa producer price by nearly 60 percent: govt
-
Stocks firm, oil steadies after sell-off on Middle East turmoil
-
Stocks firm, oil dips after sell-off on Middle East turmoil
-
Latest developments in Iran war: Israel plans on 'one, two weeks' of strikes
-
Iran claims 'complete control' of strait: latest in the Mideast war
-
Privacy and attention promises from alternative phones at MWC
Securing shipping lane from Mideast war 'challenging', say experts
The United States and France have promised to secure oil shipping threatened by the Middle East war, but experts warn warship availability and Iran's wide range of weaponry could make this complicated.
US-Israeli attacks on Iran since Saturday and Iran's fiery response have caused global economic turmoil as shipping avoids the Strait of Hormuz near Iran, one of the world's most vital shipping lanes.
Around a fifth of the world's crude and liquefied natural gas from the Gulf, must pass through this chokepoint.
While Iran has not officially shut off the Strait of Hormuz, shipping through the waterway has all but dried up.
President Donald Trump said Tuesday the US Navy was ready to escort oil tankers through the crucial Gulf shipping route to ensure the "FREE FLOW of ENERGY to the WORLD".
France's President Emmanuel Macron said earlier the same day France was building a coalition "to pool the necessary resources, including military ones, so that traffic can be restored and secured" in the Strait of Hormuz, Suez Canal and Red Sea.
But, said analyst Dirk Siebels from consultancy firm Risk Intelligence, "the practical realities of this potential operation would be very challenging".
- 'Military assets are busy' -
Kais Makhlouf, also from Risk Intelligence, signalled one major obstacle.
"Military assets are busy right now doing military stuff", limiting the number that might be free to escort oil and LNG tankers, he said.
US-Israeli air strikes have pounded Iran, while a US submarine this week torpedoed an Iranian warship off the coast of Sri Lanka, killing at least 86 crew members.
A European military source, speaking on condition of anonymity, said Iran still posed a threat to shipping.
It could deploy missiles, air or underwater drones, or midget submarines, or even scatter floating or magnetic mines, which are detonated by the proximity of a ship.
Western nations seeking to secure the route for maritime traffic could consider frigate patrols or escorts for a particular ship -- possibly with extra air cover.
"But if the strait was mined, this would require minehunters preceding convoys, or establishing safe corridors before commercial vessels could transit," they said.
Excluding any possible mining, the scenario would be similar to that in the Red Sea, where US and European navies have been protecting ships from attacks by the Iran-backed Yemeni rebels.
- A European alliance? -
Several sources said that any coalition in the Hormuz Strait could look like the EU operation that has since February 2024 been working with the Yemeni navy in the Red Sea.
French Foreign Minister Jean-Noel Barrot said that the idea was to secure the Hormuz Strait in that "same spirit" at the European Union's Operation ASPIDES naval task force.
Wary of getting directly involved in the US-Israeli war with Iran, European countries are nevertheless being drawn in following attacks on Cyprus and Western allies in the Gulf.
France, Greece and Italy have said they are sending war ships to the eastern Mediterranean, where the Suez Canal provides passage to the Red Sea and beyond to the Gulf.
A French diplomatic source, wishing to remain anonymous, said talks were ongoing to reinforce the EU ASPIDES operation.
"As for Hormuz, we need to see how things develop," the source added.
"The gradual build-up of the European naval presence in the eastern Mediterranean will eventually prove useful if and when conditions are met to move into the Strait of Hormuz," they said.
Alessio Patalano, a professor at King's College London, said working together was key.
For the Europeans, "it is essential to act as a coalition, because very few European navies have the capabilities required to confront these threats like the British, French or Italian," he said.
A.Levy--CPN