US President Trump threatened to stop supplying weapons for Ukraine in order to pressure European allies to join a “coalition of the willing” to reopen the Strait of Hormuz, FT reports, citing sources

This headline indicates a potential escalation in geopolitical tensions, as President Trump's threats could disrupt military support for Ukraine and pressure European allies.

Newsquawk StaffPublished 1 Apr 2026, 18:09 UTCOn the live feed at 17:49 UTC — 1 more headline followed before this page went public

Newsquawk headlinesUTC

18:11

US ambassador to NATO Whitaker says US President Trump is looking for a NATO that is there for the US: It is clear we're talking to the right people in Iran

18:04

Iran's Khatam Al-Anbiya Central HQ Commander says resistance front has not weakened but exposed the "inability" of the US and Israeli forces

17:49

US President Trump threatened to stop supplying weapons for Ukraine in order to pressure European allies to join a “coalition of the willing” to reopen the Strait of Hormuz, FT reports, citing sources

17:46

UAE says it "reserves right to self-defense" but denies plans to join war, NBC reports, citing an Emirati official

17:38

Iran President to issue letter to Americans within hour, Tasnim reports

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Trump threatened to stop supplies to PURL, NATO’s weapons procurement initiative for Ukraine, funded by European countries.
“It was Rutte who insisted on the joint statement because Trump had threatened to withdraw from PURL and from Ukraine in general.

Context

Such actions may lead to concerns over regional security and could impact markets related to oil and defense. Watch for shifts in market sentiment towards safe-haven assets and commodities, particularly if supply chains in the Strait of Hormuz are threatened.

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