For more than two months, there have hardly been any merchant ships passing through the Strait of Hormuz amid the ongoing blockade. Africa is being hit by the full brunt of the conflict in the Middle East, with canceled flights, long lines at petrol stations, and barren fields across the continent. Left without access to a significant portion of their global supply chain, fertilizer industries have also been deeply affected by the crisis.
For more than two months, there have hardly been any merchant ships passing through the Strait of Hormuz amid the ongoing blockade. Africa is being hit by the full brunt of the situation in the Middle East, with canceled flights, long lines at petrol stations, and barren fields across the continent. Left without access to a significant portion of their global supply chain, fertilizer industries have also been deeply affected by the crisis.
For oil and gas importing countries, especially the poorest ones, it means suffering. It also means hardship for Persian Gulf exporters, accustomed to abundance, who are now seeing their sales channels cut off. And it means a windfall for fossil fuel powers outside the region, who are able to selland at much higher priceseverything they extract from the ground.
Here's what Iran sees after being warned not to. They hit UAE and fired on a U.S. ship, and we didn't respond. Instead, we suspended the Strait of Hormuz mission. They take that as weakness. They don't think Trump is willing to bomb them again. They think they have leverage. He needs to prove them wrong.
We believe that a comprehensive ceasefire brooks no delay, a resumption of hostilities is inadvisable, and persisting with negotiations is particularly important, Wang told Araghchi at the start of their meeting.