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The Economic Times

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No takers so far on Trump's call for a coalition to secure Hormuz

The US is rallying international allies to secure oil tankers as Iran's menacing warning to close the Strait of Hormuz looms large. This threat is rattling the markets, driving oil prices higher, while some nations are reluctant to align with the American-led coalition. China is voicing its worries over trade impacts as the U.S.

16 Mar 2026 11:43 pm