Sunday, 12 July 2026 · Europe
EUR/USD 1.143 EUR/GBP 0.8516 EUR/CHF 0.9223 EUR/PLN 4.348 All rates →
Sign in · Join
EUROPES The European Report
LATEST
Europe Today

Despite agreement, G7 looks to decrease Strait of Hormuz reliance

Despite agreement, G7 looks to decrease Strait of Hormuz reliance
News from Europe - Latest world headlines and daily news - France 24

A main topic of discussion among European leaders at the G7 summit has to do with decreasing the global reliance on the Strait of Hormuz. Iran’s success in shuttering the critical waterway has sparked fears that Tehran could use it as an ongoing bargaining chip if a ceasefire and peace deal falls apart. European leaders have pledged military assets to help reopen the Strait of Hormuz.

This story was reported by News from Europe - Latest world headlines and daily news - France 24. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

Read full coverage at News from Europe - Latest world headlines and daily news - France 24 →

More from Europe Today