- Sir Keir Starmer and Emmanuel Macron will co-host a summit in Paris on Friday to address the closure of the Strait of Hormuz.
- The summit aims to establish a coordinated, independent, multinational plan to safeguard international shipping through the vital trading route.
- The Strait's closure, prompted by the US-Iran war and a blockade imposed by Donald Trump, has led to soaring global oil prices and concerns about the cost of living.
- Nato allies, including Britain and France, have stated they will not be drawn into the conflict but instead focus on reopening the waterway.
- Following the breakdown of ceasefire talks, Trump announced the US military would block Iranian vessels and ships that have paid tolls to Iran from passing through the Strait.
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