BR100 Decreased By (-0%)
BR30 Decreased By (-0.12%)
KSE100 No Change (0%)
KSE30 No Change (0%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.75 Decreased By ▼ -0.25 (-0.47%)
BOP 34.25 Increased By ▲ 0.26 (0.76%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.34 Increased By ▲ 0.14 (1.15%)
FCCL 53.89 Increased By ▲ 1.06 (2.01%)
FCSC 5.22 Increased By ▲ 0.15 (2.96%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.11 Increased By ▲ 0.09 (1.12%)
KOSM 5.38 Decreased By ▼ -0.14 (-2.54%)
MLCF 88.05 Increased By ▲ 1.54 (1.78%)
NBP 186.48 Increased By ▲ 1.32 (0.71%)
PACE 10.72 Increased By ▲ 0.14 (1.32%)
PAEL 39.94 Increased By ▲ 0.52 (1.32%)
PIAHCLA 26.17 Decreased By ▼ -0.05 (-0.19%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 232.78 Increased By ▲ 4.60 (2.02%)
PRL 34.95 Increased By ▲ 0.27 (0.78%)
PTC 67.56 Increased By ▲ 2.23 (3.41%)
SEARL 90.93 Increased By ▲ 0.80 (0.89%)
SSGC 27.17 Increased By ▲ 0.57 (2.14%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.13 Increased By ▲ 1.63 (2.79%)
TPLP 8.76 Increased By ▲ 0.54 (6.57%)
TREET 24.54 Increased By ▲ 0.01 (0.04%)
TRG 71.75 Increased By ▲ 2.04 (2.93%)
WAVES 9.98 Increased By ▲ 0.04 (0.4%)
WTL 1.26 Decreased By ▼ -0.02 (-1.56%)
By

OSLO: NATO chief Mark Rutte said Wednesday that the military alliance’s members were discussing the “best way” to open the Strait of Hormuz, through which a large chunk of the world’s oil supply normally passes.

“I have been in contact with many allies. We all agree, of course, that strait has to open up again. And what I know is that allies are working together, discussing how to do that, what is the best way to do it,” Rutte told a news conference during a visit to a NATO exercise in northern Norway.

“They are working on that collectively, to find a way forward,” Rutte added.

US President Donald Trump has urged other global powers to send warships to escort convoys of tankers through the Strait of Hormuz, a vital waterway for the world’s oil and liquefied natural gas supplies.

Iran has effectively closed the strait since the United States and Israel began a war on the Islamic republic last month, sending global oil prices up by more than 40 percent.

On Tuesday, Trump said “NATO is making a very foolish mistake” by not sending aid.

“I’ve long said that I wonder whether or not NATO would ever be there for us. So this was a great test,” he told reporters.

Comments

200 characters remaining