Trump Demands Help From Other Countries to Secure Hormuz

2 hours ago 2
 Samuel Corum/Sipa/BloombergDonald Trump Photographer: Samuel Corum/Sipa/Bloomberg Photo by Samuel Corum /Bloomberg

Article content

(Bloomberg) — US President Donald Trump said he is “demanding” that other countries contribute to the defense of the Strait of Hormuz as it remains effectively closed to oil tankers.

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or

Article content

“I really am demanding that these countries come in and protect their own territory,” he told reporters Sunday on Air Force One, declining to name specific nations. “It’s the place from which they get their energy, and they should come and they should help us protect it.”

Article content

Article content

Article content

He added that China relies on oil transiting through the Strait of Hormuz and that Beijing should help secure the corridor.

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

“Why are we maintaining the Hormuz strait when it’s really there for China and many other countries? Why aren’t they doing it?” Trump said.

Article content

Trump said the US is in talks with “about seven” countries to get involved helping ships pass through the strait, declining to specify which nations are involved in the discussions.

Article content

The US president said some of the countries have minesweepers or a “certain type of boat” that could help secure the waterway for oil tankers to pass through. He added that he’d like to see that cooperation begin “immediately,” but conceded it would “take a little time.”

Article content

The Iran conflict has effectively halted trade through the Strait of Hormuz, a vital maritime waterway through which — in normal times — a fifth of global oil production flows, along with a multitude of other commodities. Opening the strait to trade has become a key goal for the US president as oil prices have surpassed $100 a barrel.

Article content

In an interview earlier Sunday with the Financial Times, Trump said he could delay his planned summit with Chinese President Xi Jinping if Beijing doesn’t help unblock the strait. He also warned in that interview that NATO would face a “very bad” future if member states fail to help in Hormuz. 

Article content

Earlier: Trump Floats Xi Summit Delay If No Help on Hormuz, FT Says

Article content

(Updates with additional context throughout.)

Article content

Read Entire Article