News

EU High Representative for Foreign Affairs and Security Policy Karas: Discussions are ongoing on measures to keep the Strait of Hormuz open.

US President Trump: The request for help from the UK is a test. The United States has always supported Britain, but is now less sure.

US President Trump: It's shocking that British Prime Minister Starmer "won't help us" in the Iran war.

Bank of England Monetary Policy Member Taylor: This energy shock is more similar to 2011, when the Monetary Policy Committee encountered an energy shock when the economy was very weak and decided to ignore it (the energy shock).

Bank of England Monetary Policy Member Taylor: If the impact is mild or of short duration, interest rates can be cut further once risks subside.

Bank of England monetary policy member Taylor: Given the weakening labor market and slowing wage growth, the risk of British inflation detaching is low.

Bank of England Monetary Policy Member Taylor: Until the impact of the war becomes clearer, it is more preferable to keep interest rates unchanged; the threshold for raising interest rates is currently high.

Bank of England Monetary Policy Member Taylor: In terms of magnitude, the current energy shock is more like the situation in 2011 than in 2022.

US President Trump: "I'm not in any rush" to reach a deal; we have more targets to hit.

US President Trump: We don’t need the Strait of Hormuz, it has no impact on us at all.

US President Trump: We have formed a coalition to protect ships.

US President Trump: We make a lot of money from Venezuelan oil.

The French Defense Ministry said the goal of the talks was to explore how to restore shipping in the Strait of Hormuz after the conflict ends.

The idleness of Russia's Ust-Luga refined oil terminal may force large refineries to cut production, sources said.

The Iranian embassy in Spain said Spain abides by international law and Iran is open to any request from Madrid regarding the Strait of Hormuz.

French Ministry of Defense: This discussion on the Strait of Hormuz has nothing to do with ongoing military operations and is entirely defensive in nature.

US President Trump: Controlling Iranian oil is an option.

French Ministry of Defense: The Chief of General Staff of the French Armed Forces held a video conference with 35 countries from all continents to discuss ways to reopen the Strait of Hormuz.

U.S. Treasury Secretary Bessent: Even before we fully control the Strait of Hormuz, we are convinced that shipping traffic will continue to grow.

U.S. Treasury Secretary Bessent: We have systematically weakened Iran's ability to fund operations and procure weapons.