Berliner Boersenzeitung - Rubio sees G7 building 'coalition' against Iran strait control

EUR -
AED 4.227793
AFN 73.093036
ALL 95.821139
AMD 434.134301
ANG 2.060384
AOA 1055.466588
ARS 1594.695474
AUD 1.675948
AWG 2.071798
AZN 1.961268
BAM 1.956376
BBD 2.318483
BDT 141.242224
BGN 1.967413
BHD 0.433943
BIF 3416.740797
BMD 1.150999
BND 1.482337
BOB 7.983352
BRL 6.061051
BSD 1.151134
BTN 109.10804
BWP 15.869882
BYN 3.426509
BYR 22559.582151
BZD 2.315052
CAD 1.598732
CDF 2627.159933
CHF 0.918468
CLF 0.026968
CLP 1064.847263
CNY 7.955534
CNH 7.966415
COP 4236.355738
CRC 534.55516
CUC 1.150999
CUP 30.501476
CVE 110.639834
CZK 24.526007
DJF 204.556011
DKK 7.472643
DOP 68.743467
DZD 153.239908
EGP 60.659844
ERN 17.264986
ETB 180.879958
FJD 2.590328
FKP 0.862171
GBP 0.867709
GEL 3.101989
GGP 0.862171
GHS 12.626909
GIP 0.862171
GMD 84.602865
GNF 10105.772413
GTQ 8.809634
GYD 240.967271
HKD 9.01603
HNL 30.524943
HRK 7.533409
HTG 150.89511
HUF 390.36077
IDR 19530.900697
ILS 3.611398
IMP 0.862171
INR 109.145105
IQD 1507.808807
IRR 1511549.554476
ISK 143.58758
JEP 0.862171
JMD 181.19338
JOD 0.816104
JPY 184.571341
KES 149.519157
KGS 100.655313
KHR 4617.80875
KMF 492.628013
KPW 1036.000816
KRW 1743.177052
KWD 0.354474
KYD 0.959295
KZT 556.496694
LAK 25206.880458
LBP 103071.968851
LKR 362.608401
LRD 211.352253
LSL 19.624973
LTL 3.398602
LVL 0.696228
LYD 7.343812
MAD 10.750769
MDL 20.21922
MGA 4805.421597
MKD 61.610158
MMK 2420.019892
MNT 4120.56426
MOP 9.287998
MRU 46.167009
MUR 53.755963
MVR 17.794881
MWK 1998.134816
MXN 20.85208
MYR 4.516565
MZN 73.560786
NAD 19.624968
NGN 1594.652122
NIO 42.26512
NOK 11.23054
NPR 174.56867
NZD 2.005283
OMR 0.44256
PAB 1.151124
PEN 3.981886
PGK 4.960235
PHP 69.637791
PKR 321.416927
PLN 4.287516
PYG 7526.217256
QAR 4.208633
RON 5.09801
RSD 117.382384
RUB 93.808448
RWF 1680.45867
SAR 4.318853
SBD 9.256306
SCR 17.323018
SDG 691.750843
SEK 10.904071
SGD 1.48327
SHP 0.863547
SLE 28.257455
SLL 24135.887864
SOS 657.800195
SRD 43.278761
STD 23823.357291
STN 24.573831
SVC 10.071967
SYP 127.215652
SZL 19.624959
THB 37.883413
TJS 10.999027
TMT 4.040007
TND 3.36495
TOP 2.771329
TRY 51.173045
TTD 7.82127
TWD 36.832551
TZS 2965.534234
UAH 50.456565
UGX 4288.263341
USD 1.150999
UYU 46.593727
UZS 14030.679283
VES 536.386461
VND 30314.438515
VUV 137.782859
WST 3.170812
XAF 656.150305
XAG 0.016515
XAU 0.000256
XCD 3.110633
XCG 2.07462
XDR 0.813516
XOF 652.04512
XPF 119.331742
YER 274.686351
ZAR 19.759091
ZMK 10360.377128
ZMW 21.669384
ZWL 370.621237
  • JRI

    -0.2700

    11.8

    -2.29%

  • GSK

    -0.1000

    53.84

    -0.19%

  • CMSC

    -0.0500

    22.77

    -0.22%

  • RBGPF

    -13.5000

    69

    -19.57%

  • BCE

    -0.2200

    25.25

    -0.87%

  • RIO

    0.8500

    86.64

    +0.98%

  • NGG

    -0.4800

    81.92

    -0.59%

  • AZN

    5.0200

    188.42

    +2.66%

  • BCC

    0.1400

    74.43

    +0.19%

  • RELX

    -0.1000

    31.97

    -0.31%

  • BTI

    0.3749

    57.8

    +0.65%

  • CMSD

    -0.0900

    22.66

    -0.4%

  • RYCEF

    -0.6100

    14.69

    -4.15%

  • BP

    0.5100

    46.68

    +1.09%

  • VOD

    -0.1400

    14.49

    -0.97%

Rubio sees G7 building 'coalition' against Iran strait control

Rubio sees G7 building 'coalition' against Iran strait control

US Secretary of State Marco Rubio said Friday he saw European readiness to help form a coalition against Iranian control of the strategic Strait of Hormuz after US-Israeli attacks unleashed a regional war.

Text size:

Rubio joined top diplomats from the Group of Seven powers for talks as he assured them that the war launched a month ago would only continue for a matter of weeks.

The top US diplomat voiced alarm that Iran would seek to establish a permanent "tolling system" for vessels in the Strait of Hormuz, the narrow waterway through which one fifth of global oil normally transits.

"Not only is this illegal, it's unacceptable, it's dangerous to the world, and it's important that the world have a plan to confront it," Rubio told reporters after the meeting in a historic abbey on the outskirts of Paris.

He said he had found "a lot of buy-in" to opposing any Iranian tolling, with Britain taking a leading role.

"We're willing to be a part of that coalition, but we've encouraged others to sort of put it together," he said.

The Strait of Hormuz was open to international shipping before the conflict, but has since ground to a standstill, leading to a surge in global energy prices.

Rubio said that the opposition to tolling was part of planning for the immediate aftermath of the war, which has failed to dislodge the Islamic republic, despite the killing of top leaders.

A final communique on the war in the Middle East from the G7 ministers called for "an immediate cessation of attacks against civilians and civilian infrastructure".

"There can be no justification for the deliberate targeting of civilians in situations of armed conflict as well as attacks on diplomatic facilities," it said.

US President Donald Trump had threatened to strike Iranian energy facilities, but subsequently rowed back that warning to give Tehran more time for talks he said were taking place.

It was Rubio's first trip abroad since the war. Key US ally Saudi Arabia joined in the talks.

Before leaving France, Rubio told reporters the US expected to finish Iran operations in the "next couple of weeks".

He said Tehran had not yet responded to a plan to end the war.

But "we've had an exchange of messages and indications from the Iranian system -- whatever's left of it -- about a willingness to talk about certain things," he added.

- 'Global economy hostage' -

The G7 meeting was dominated by uncertainty over the current US strategy in the Middle East conflict.

"The Iranian regime would be well advised to enter into serious negotiations with the United States now," German Foreign Minister Johann Wadephul said after the meeting.

Wadephul said the international community needed to collaborate even more closely now it was dealing with two wars in which Russia and Iran were cooperating -- including the conflict sparked by Moscow's 2022 invasion of Ukraine.

"We need to strengthen our unity," he told reporters.

The UK's foreign minister Yvette Cooper urged a "swift resolution to this conflict that restores regional stability".

"Iran cannot be able to just hold the global economy hostage," she said.

The final statement said ministers had "reiterated the absolute necessity to permanently restore safe and toll-free freedom of navigation in the Strait of Hormuz".

- 'Play into Putin's hands' -

With Ukraine's Foreign Minister Andrii Sybiha in attendance, European ministers were keen to emphasise support for Kyiv must not be forgotten.

"Putin is cynically hoping that the escalation in the Middle East will divert our attention from his crimes in Ukraine," Wadephul said.

But Rubio said that Russia had not impeded the US war effort and said that the United States was willing to divert Western weapons for Ukraine to help the United States fight Iran.

"If we need something for America and it's American, we're going to keep it for America first," Rubio said.

The elite G7 club -- whose origins go back to the first G6 summit held in the nearby Chateau de Rambouillet in 1975 -- comprises Canada, Germany, France, Italy, Japan, UK and United States.

(H.Schneide--BBZ)