
Emmanuel Macron Says He Wants to “Do Everything to Reopen the Strait of Hormuz”
During the same interview on TF1 and France 2, the president linked the deployment of military resources to securing a strategic shipping route for oil supplies.

During the same interview on TF1 and France 2, the president linked the deployment of military resources to securing a strategic shipping route for oil supplies.

The French president discussed with his American counterpart ways to act on oil prices, including a possible moratorium on strikes targeting energy infrastructure.

The family of controversial Venezuelan businessman Alejandro Betancourt announced it is keeping a majority stake in Nabep, the company tasked with managing an unprecedented oil deal granting the United States control of 20% of Venezuelan oil reserves.

An opinion piece published by Le Monde warns of a new threat to international maritime commerce, following the Strait of Hormuz crisis, with Houthi rebel offensives against Saudi Arabia near the Strait of Bab el-Mandeb.

Saudi authorities announced Friday the temporary closure of this crucial export route following attacks attributed to drones originating from Iraq.