Trump to Block All Ships from Using Strait of Hormuz
WORLDFIJI NEWS


US President Donald Trump has announced plans to block all ships from using the Strait of Hormuz following the collapse of talks with Iran, in a move that could trigger major global economic disruption.
The Strait of Hormuz is one of the world’s most critical oil routes, with around 20 per cent of global oil supply passing through the narrow waterway.
A full blockade would effectively halt a significant portion of global energy trade, immediately pushing up oil prices and increasing pressure on economies worldwide.
The move is expected to hit China particularly hard, as it is one of the largest importers of Middle Eastern oil, along with other major Asian economies heavily reliant on the route.
Shipping companies are already reassessing routes and risk exposure, while global markets are reacting to the uncertainty surrounding supply disruptions.
Countries like Fiji, which depend heavily on imported fuel, could feel the effects quickly through rising fuel prices and increased cost-of-living pressures.
The development follows the breakdown of negotiations between the United States and Iran, with both sides blaming each other for the failure of talks.
A United Nations Security Council resolution aimed at ensuring free passage through the Strait of Hormuz failed after Russia and China exercised their veto powers, highlighting deep global divisions over the crisis.