
French and British leaders were on Friday chairing a meeting in Paris of around 40 countries aimed at signalling to the United States that some of its closest allies are ready to play a role in restoring freedom of navigation in the Strait of Hormuz. Iran said the strait is now “fully open” to commercial shipping – a move welcomed by President Donald Trump, although Washington continues to maintain its own blockade on Iranian ports.
Iran has largely closed the Strait of Hormuz – through which some 20 percent of the world's oil passes – since United States-Israeli air strikes began on 28 February, leading to a surge in global energy prices.