LONDON — Britain announced that around 40 countries have begun discussions on reopening the Strait of Hormuz after Iran imposed a blockade, a move that London warned is holding the global economy “hostage.”

Foreign Secretary Yvette Cooper chaired a virtual summit on April 2, 2026, attended by major powers including France, Germany, Canada, the United Arab Emirates, and India. The talks focused on possible joint measures to restore freedom of navigation in one of the world’s most critical shipping lanes.

The Strait of Hormuz, a narrow passage connecting the Persian Gulf to global markets, handles nearly 20 percent of the world’s oil and liquefied natural gas shipments. Iran’s blockade, imposed after escalating tensions in the region, has disrupted trade and raised fears of energy shortages worldwide.

Cooper said Britain is working with allies to ensure “safe and secure passage” for commercial vessels, stressing that Iran’s actions are “reckless” and threaten global economic stability. She added that the coalition is considering mine-clearing operations, reassurance forces for shipping, and diplomatic pressure to reopen the strait.

French President Emmanuel Macron, however, cautioned against military escalation, saying that “seizing the strait by force is unrealistic” and urging diplomatic solutions instead. The United States, while present in the talks, signaled limited involvement, with President Donald Trump stating that securing the waterway is “for others to resolve.”

Regional states such as the UAE and India, heavily reliant on Gulf energy exports, voiced concern over the prolonged closure. Analysts warn that if the blockade continues, oil prices could surge and supply chains could face severe disruptions.

Military planners are expected to meet in the UK next week to refine strategies, while diplomatic channels remain open. For now, the coalition’s priority is to balance pressure on Iran with efforts to avoid direct confrontation, as the world watches closely how the crisis unfolds.