Cooper is also hosting a Global Partnerships Conference in London, intended to bring together governments, businesses, philanthropies, and international organizations to discuss how to address the growing agricultural crisis.
Strait of Hormuz used as geopolitical bargaining chip
U.S. Energy Secretary Chris Wright last week accused Iran of holding “the world economy hostage” but said that the Strait will likely reopen “sometime this summer, at latest.”
He pointed to the U.S. blockade and did not rule out the possibility of the U.S. military forcing the reopening of the waterway.
However, disagreements over naval navigation in the Strait remain a core stumbling block of the stalled peace talks between Washington and Tehran amid the fragile U.S.-Iran cease-fire.
Iran wants recognition of its sovereignty over the Strait—a term the U.S. has flatly rejected.
On Tuesday, Tehran announced a new body, the Persian Gulf Strait Authority, intended to oversee and charge vessels that seek passage through the Strait.
Read the full article here
