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The Economic Times

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US seeks international help to reopen Strait of Hormuz as crude prices surge

The United States is forming an international coalition to reopen the Strait of Hormuz. Global oil prices are surging as the vital waterway remains closed, impacting fuel supplies. Efforts to resolve the conflict have stalled. President Trump is considering new military strikes on Iran. Pakistan is mediating discussions for a potential deal.

30 Apr 2026 4:08 pm