Published: Mar 16, 2026, 02:30 IST | Updated: Mar 16, 2026, 02:30 IST
Amid escalating tensions in the US-Israel war with Iran, the Donald Trump administration has called on major global powers to join efforts to secure the vital Strait of Hormuz. The waterway is one of the world’s most important energy corridors, carrying roughly 20% of global oil shipments, making its security critical for global markets.