France and the United Kingdom have said they are ready to lead a multinational mission to help restore freedom of navigation and trade in the Strait of Hormuz, only to be deployed once peace had been agreed in the region.
But at a meeting of the coalition of nonbelligerent states in Paris on Friday, the mood remained one of caution.
A temporary ceasefire has put fighting between Iran and a US-Israeli coalition on hold until April 22. On Thursday, a 10-day ceasefire was also announced between Israel and Lebanon, the stronghold of Iranian-backed militia Hezbollah.
On Friday, both Iran and the US said the Strait of Hormuz was now “open” to commercial shipping, though the US said its blockade of Iranian ports would remain in place until a peace deal with Tehran was reached. Shortly after, on Saturday, Iran reversed its decision to open the strait, citing the US blockade of its ports. Several merchant vessels reported gunfire as they were attempting to cross.
Maritime traffic there had ground to a halt since the start of the war on February 28, with Iranians threatening to bomb merchant ships attempting to pass through the key waterway. About 20% of the world’s oil and gas normally passes through the strait.
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