France’s President Macron says countries discussing the Hormuz mission could not accept any privatisation of the Hormuz Strait; London meeting next week will take place to discuss Hormuz
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US President Trump posts "Thank you to Saudi Arabia, UAE, and Qatar for your great bravery and help! President DONALD J. TRUMP"
US President Trump posts "Now that the Hormuz Strait situation is over, I received a call from NATO asking if we would need some help. I TOLD THEM TO STAY AWAY, UNLESS THEY JUST WANT TO LOAD UP THEIR SHIPS WITH OIL. They were useless when needed"
France’s President Macron says countries discussing the Hormuz mission could not accept any privatisation of the Hormuz Strait; London meeting next week will take place to discuss Hormuz
Shipping association Bimco says awaiting more details on Iran announcing Strait of Hormuz opening before it can comment
Newsquawk European Market Wrap - 17th April 2026
On the Newsquawk feed at , 20 minutes before this page.
Context
France's President Macron stating that countries discussing the Hormuz mission cannot accept any privatization of the Strait signals strong political resistance against external control in a strategically vital area. This meeting next week could lead to significant discussions around maritime security, influencing regional asset prices, particularly in oil, while highlighting the geopolitical tensions surrounding the Strait.
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