The Economic Times

What is Operation Aspides, the EU naval shield now at the centre of Strait of Hormuz reopening talks

Tensions rise in the global oil arena following Iran's blockade of the Strait of Hormuz. To address this urgent situation, EU ministers are exploring the possibility of broadening Operation Aspides to include the Persian Gulf, initially focused on the Red Sea. The objective is clear: to mitigate rising fuel costs and protect energy access.