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On Friday, France and Britain announced that they would spearhead a multinational mission to guarantee freedom of navigation in the Strait of Hormuz. They emphasized that the force would be fully defensive and would only be used when a long-term peace in the area was reached. As they co-chaired international negotiations in Paris aimed at guaranteeing unrestricted trade across the vital shipping corridor, French President Emmanuel Macron and British Prime Minister Keir Starmer acknowledged the formation of the force.

Dozens of leaders of state and government were among the 49 European and Asian nations represented at the summit, which was primarily conducted by video link. As warring parties, neither Iran nor the United States attended the summit. As soon as the United States and Israel began their war against the Islamic republic on February 28, Iran declared a blockade. Global economic repercussions included worry about food shortages, gasoline shortages, and inflation.

However, when Iran’s Foreign Minister Abbas Araghchi announced in an X post during the Paris negotiations that commercial ships may now pass through the Strait of Hormuz as long as there was a truce in the Middle East, markets reacted with relief. The international mission might be sent out “as soon as conditions allowed,” according to Starmer. He stated that “more than a dozen countries have already offered to contribute assets” and that “this will be strictly peaceful and defensive as a mission to reassure commercial shipping and support mine clearance.” Macron stated that while the leaders applauded Tehran’s announcement, they called for a “full, unconditional reopening by all the parties.”

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