US seeks 'maritime freedom' coalition to restart Strait of Hormuz shipping

May 1, 2026 - 12:00
US seeks 'maritime freedom' coalition to restart Strait of Hormuz shipping
Iran effectively closed the crucial waterway when the war broke out on 28 February. Normally one-fifth of the world's oil and liquefied natural gas transits the waterway. Its closure has sent energy prices skyrocketing around the world.