G20 Finance Ministers Discuss Strait of Hormuz Amid Rising US Iran Tensions
2 sources across 2 countries · France · South Korea · 1 of them is linked to a state
Who reported this
- France 24
- Yonhap
What the colours mean
- Left
- Centre-left
- Centre
- Centre-right
- Right
- A hatched block means the outlet is affiliated with, or controlled by, a state.
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Every outlet covering this story shares the same political lean; read with that in mind.
Finance ministers meeting at the G20 summit in Asheville, North Carolina, called for safe and cost free navigation in the Strait of Hormuz on Tuesday. U.S. Treasury Secretary Scott Bessent stated that the presence of the Russian finance minister at the summit did not impact the discussions. During a fireside chat with FOX Business Network, Bessent claimed that the Strait of Hormuz would be like a worthless piece of water in two years because oil will be shipped through land based pipelines, bypassing the waterway. He noted that while the strait is a choke point for many countries, it is not one for the United States.
The remarks come as Washington and Tehran exchange strikes. U.S. Central Command reported strikes on Islamic Revolutionary Guard Corps targets in Iran following attempted attacks on U.S. troops and commercial shipping. President Trump described these strikes as retaliation for a failed attempt by Iran to place sea mines in the strait, warning that further retaliation would be met with harder attacks. Iran has effectively blocked the strait during the Middle East war, which has kept energy prices high and pressured Washington ahead of the November midterm elections.
How each side framed it
- Centre
- Outlets with a center lean focused on the diplomatic pleas for freedom of navigation and the strategic shift toward land based pipelines to diminish Iran's leverage.
Sources
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