Trump Pressures Allies to Secure Strait of Hormuz as Oil Tops $106 — But No One Is Committing Warships
Brent crude surged past $106 as Trump's call for a multinational naval coalition to reopen the Strait of Hormuz meets muted resistance — Japan and Australia declined, the UK is hesitant, and Iran has reduced daily ship transits from 138 to just 5.
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