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The Economic Times

Global Business / The Economic Times

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40 countries discuss reopening Strait of Hormuz after Iran blockade

Around 40 nations are discussing joint action to reopen the Strait of Hormuz, which Iran has effectively shut down, impacting global economic security. Britain is leading efforts to form a coalition, focusing on diplomatic and military options to ensure safe passage for shipping and reduce soaring energy prices.

3 Apr 2026 11:57 am