A joint statement from the UK, France, Germany, and the EU says their governments will contribute to ensuring freedom of navigation in the Strait of Hormuz

The joint statement signals a robust commitment from key Western powers to ensure security and freedom of navigation in the strategic Strait of Hormuz, a vital waterway for global oil supply.

Newsquawk StaffPublished 8 Apr 2026, 12:55 UTCOn the live feed at 12:35 UTC — 6 more headlines followed before this page went public

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12:40

US War Secretary Hegseth when asked if he would want to see Iranian people protest, says he would love the Iranian people to take advantage of this opportunity

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World Gold Council says global gold ETFs recorded record outflows of ~USD 12bln in March, which roughly halved Q1 inflows to ~USD 12bln and ended North America’s nine-month inflow streak

12:35

A joint statement from the UK, France, Germany, and the EU says their governments will contribute to ensuring freedom of navigation in the Strait of Hormuz

12:34

The joint UK, France, Germany and the EU states that the governments will contribute to ensuring freedom of navigation in the Strait of Hormuz

12:27

US War Secretary Hegseth says military will be hanging around in Iran, won't go anywhere, and will make sure Iran complies; Iran will let ships go through

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Calls upon all sides to implement the ceasefire, including in Lebanon.

Context

This could lead to heightened tensions in the region, especially if there are any violators of the ceasefire, impacting oil prices and broader market sentiment particularly in energy sectors.

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