No Result
View All Result
  • Login
Sunday, September 20, 2026
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

‘Blackmail is also not what I wish for’: America’s allies are ghosting Trump on Strait of Hormuz

by FeeOnlyNews.com
6 months ago
in Business
Reading Time: 3 mins read
A A
0
‘Blackmail is also not what I wish for’: America’s allies are ghosting Trump on Strait of Hormuz
Share on FacebookShare on TwitterShare on LInkedIn



More than two weeks into a war President Donald Trump started without asking allies for buy-in, he is now asking for backup, and mostly getting left on read.

Trump spent the weekend demanding that allies, China, and other Asia-Pacific nations send warships to help reopen the Strait of Hormuz, the chokepoint through which a fifth of the world’s oil normally flows. He even warned Sunday that NATO faces a “very bad future” if allies don’t step up, marking another threat just two months after he precipitated an existential crisis for the alliance over Greenland.

Since the U.S. and Iran launched strikes on Feb. 28, Iran has effectively shut the waterway and may have even begun laying mines. Over the weekend, the messaging around the Strait of Hormuz remained muddled: Tehran said that the Strait was “open to all” except America and its allies, while Treasury Secretary Scott Bessent claimed on CNBC Monday morning that it was the U.S. that “allowed” Iranian oil tankers to cross the strait. The price of U.S. oil lowered significantly on Bessent’ s comments, now under $95 a barrel. 

Despite the posturing, only a handful of ships have crossed the Hormuz over the last few days. And the response from the international community to Trump’s calls has varied from a polite silence to outright refusal. 

Germany was very blunt. 

“This war has nothing to do with NATO. It is not NATO’s war,” a spokesperson for Chancellor Friedrich Merz said Monday, adding that Berlin had “not considered” participating before the war began and will not be considering it now. 

Luxembourg’s Deputy Prime Minister Xavier Bettel also laid it on thick, saying that the NATO member is happy to help with satellites and communications but “Blackmail is also not what I wish for.” 

EU foreign policy chief Kaja Kallas said the request falls “out of NATO’s area of action”: a reference to Article 6 of the North Atlantic Treaty, which limits the alliance’s mutual defense obligations to the region north of the Tropic of Cancer.

Still, European officials have their own incentive to keep Hormuz open and fear what Trump may do. Not only does Europe rely on Gulf oil supplies, there’s concern Trump will declare victory in Iran in the coming weeks, pull out of the war, and leave them holding the minesweeper (France and the Netherlands historically have some of world’s best minehunting/sweeping technologies). 

British Prime Minister Keir Starmer offered the warmest language of any leader Monday, saying the UK is “working with allies, including our European partners, to bring together a viable collective plan” to restore navigation, but still committed no ships or timeline. Starmer also defended his refusal to join the offensive, saying he wouldn’t send British forces into a war “without a plan to get us out.”

In Asia, the response has been equally noncommittal. China’s foreign ministry sidestepped questions about sending ships, while Japanese Prime Minister Sanae Takaichi, who visits the White House Thursday, has offered no promise. Trump told the Financial Times he’d like to know Beijing’s position before a planned summit at the end of March—a trip Bessent acknowledged could be delayed, though he insisted any schedule change would reflect logistics as opposed to a rift.

Australia also ruled out sending naval vessels, but said last week it would send a surveillance aircraft to the Middle East. South Korea said it will note Trump’s requests but would be exploring “various measures from multiple angles.”

The one bright spot for Washington is that the UAE doubled down on U.S. ties, showing strength after absorbing nearly 2,000 Iranian projectiles. “We don’t take to being bullied around,” Reem Al-Hashimy, the UAE’s minister for international cooperation, told the ABC.

Meanwhile, the cost of inaction keeps climbing. Oil hit its highest level since July 2022 last week, and U.S. gas prices are already up 20% since the war started. The International Energy Agency called the disruption “the largest supply disruption in the history of the global oil market.” 



Source link

Tags: alliesAmericasblackmailGhostingHormuzStraitTrump
ShareTweetShare
Previous Post

10 Top Energy Stocks For $100 Oil

Next Post

How Asset Allocation Is Changing in Core 401(k) Menus

Related Posts

Advanced Micro Devices (AMD) Price Prediction: How Much a ,000 Investment Could Be Worth by 2031

Advanced Micro Devices (AMD) Price Prediction: How Much a $5,000 Investment Could Be Worth by 2031

by FeeOnlyNews.com
August 8, 2026
0

Quick Read AMD's Data Center revenue jumped 57% YoY, driving a base-case projection of $7,657 from a $5,000 investment by...

Vanguard Chief Economist: AI and jobs, still in an ATM phase

Vanguard Chief Economist: AI and jobs, still in an ATM phase

by FeeOnlyNews.com
August 8, 2026
0

Every wave of technological change seems to arrive with a familiar prediction: This time, jobs are going away for good....

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

by FeeOnlyNews.com
August 8, 2026
0

Asia's oldest exchange, BSE, traded far fewer derivatives contracts in the first week following the implementation of the Closing Auction...

Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

by FeeOnlyNews.com
August 8, 2026
0

India’s financial stocks are entering a more selective phase, where the strength of a lender’s deposit franchise, underwriting discipline and...

Vaxart outlines Phase IIb COVID-19 top line data in first half of 2027 backed by BARDA funding (OTCMKTS:VXRT)

Vaxart outlines Phase IIb COVID-19 top line data in first half of 2027 backed by BARDA funding (OTCMKTS:VXRT)

by FeeOnlyNews.com
August 7, 2026
0

Earnings Call Insights: Vaxart, Inc. (VXRT) Q2 2026 Management View "The second quarter and recent weeks marked a pivotal period...

Nutex outlines 3 hospital openings in H2 2026 while maintaining 3 to 5 openings per year (NASDAQ:NUTX)

Nutex outlines 3 hospital openings in H2 2026 while maintaining 3 to 5 openings per year (NASDAQ:NUTX)

by FeeOnlyNews.com
August 7, 2026
0

Earnings Call Insights: Nutex Health (NUTX) Q2 2026 Management View "It was an active quarter, marked by strong financial results,...

Next Post
How Asset Allocation Is Changing in Core 401(k) Menus

How Asset Allocation Is Changing in Core 401(k) Menus

I stopped calling myself an introvert when I realized I could talk for six hours with someone who felt safe. The exhaustion was never about people. It was about the amount of translation required to be understood by someone who wasn’t really listening.

I stopped calling myself an introvert when I realized I could talk for six hours with someone who felt safe. The exhaustion was never about people. It was about the amount of translation required to be understood by someone who wasn't really listening.

  • Trending
  • Comments
  • Latest
Bitcoin and ethereum prices today, Friday, August 7, 2026: Crypto prices moving higher following July jobs report

Bitcoin and ethereum prices today, Friday, August 7, 2026: Crypto prices moving higher following July jobs report

August 7, 2026
MEXC Lists Ondo Yield Asset As Tokenized Treasury Demand Grows

MEXC Lists Ondo Yield Asset As Tokenized Treasury Demand Grows

July 3, 2026
Delek Logistics Partners Reports alt=

Delek Logistics Partners Reports $0.54 EPS for Q2 FY26

August 5, 2026
Onkure Therapeutics Releases Q2 2026 Financial Results

Onkure Therapeutics Releases Q2 2026 Financial Results

August 4, 2026
Thryv outlines M run-rate savings while revising 2026 SaaS adjusted EBITDA to M-M (NASDAQ:THRY)

Thryv outlines $60M run-rate savings while revising 2026 SaaS adjusted EBITDA to $42M-$44M (NASDAQ:THRY)

August 4, 2026
My Thoughts on Going All In

My Thoughts on Going All In

August 4, 2026
Advanced Micro Devices (AMD) Price Prediction: How Much a ,000 Investment Could Be Worth by 2031

Advanced Micro Devices (AMD) Price Prediction: How Much a $5,000 Investment Could Be Worth by 2031

0
Cities holding up to 3 million people found under Amazon rain forest

Cities holding up to 3 million people found under Amazon rain forest

0
Republican Party Displacement | Mises Institute

Republican Party Displacement | Mises Institute

0
Bybit Uses Tokenised Equities as Underlyings for Structured Yield

Bybit Uses Tokenised Equities as Underlyings for Structured Yield

0
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

0
Vaxart outlines Phase IIb COVID-19 top line data in first half of 2027 backed by BARDA funding (OTCMKTS:VXRT)

Vaxart outlines Phase IIb COVID-19 top line data in first half of 2027 backed by BARDA funding (OTCMKTS:VXRT)

0
Advanced Micro Devices (AMD) Price Prediction: How Much a ,000 Investment Could Be Worth by 2031

Advanced Micro Devices (AMD) Price Prediction: How Much a $5,000 Investment Could Be Worth by 2031

August 8, 2026
Republican Party Displacement | Mises Institute

Republican Party Displacement | Mises Institute

August 8, 2026
Vanguard Chief Economist: AI and jobs, still in an ATM phase

Vanguard Chief Economist: AI and jobs, still in an ATM phase

August 8, 2026
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week

August 8, 2026
Democrats’ Affordability Message Misses a Key Expense—Student Debt

Democrats’ Affordability Message Misses a Key Expense—Student Debt

August 8, 2026
Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

August 8, 2026
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Advanced Micro Devices (AMD) Price Prediction: How Much a $5,000 Investment Could Be Worth by 2031
  • Republican Party Displacement | Mises Institute
  • Vanguard Chief Economist: AI and jobs, still in an ATM phase
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.