France, UK and Oman Agree Hormuz Transit Plan, Ready 1 Military Mission

3 articles · Updated · The Jerusalem Post · Jul 4

France and the UK said they had agreed with Oman to work together to restore safe transit through the Strait of Hormuz and secure navigation in Oman's territorial waters.
Macron and Starmer said they are ready to deploy the broader Multinational Military Mission to support freedom of navigation through the waterway, which they called vital to the global economy.
Thursday talks between Starmer and Sultan Haitham bin Tarik focused on reassuring the shipping industry, with the British leader saying Oman's backing is essential to restoring confidence in passage.
The move follows the US-Iran memorandum of understanding and wider efforts to reopen the strait, while London and Paris framed the mission as support for regional stability and international law.

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The Jerusalem Post16h ago

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Chokepoint Unblocked: The 2026 Strait of Hormuz Crisis and Its Global Economic Aftershocks

Overview

The reopening of the Strait of Hormuz in July 2026 quickly triggered major shifts in global oil markets. Oil traders responded by anticipating the return of Gulf exports, which led to the departure of previously stranded cargoes and renewed expectations of oversupply. As a result, Brent crude prices began moving back toward pre-war levels. However, the report highlights that full normalization of operations will not happen instantly. Ongoing challenges remain in clearing backlogs and restoring smooth maritime traffic, with experts estimating it could take up to 45 days to reach normal pumping and shipping levels.

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