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TOKYO, March 16 (Reuters) - Japan does not currently plan to dispatch naval vessels to escort ships in the Middle East, Prime Minister Sanae Takaichi said on Monday, after U.S. President Donald Trump called on allies to help escort tankers through the Strait of Hormuz. "We have not made any decisions whatsoever about dispatching escort ships. We are continuing to examine what Japan can do independently and what can be done within the legal framework," Takaichi told parliament.

Brent crude tops $106 a barrel as markets see no end in sight to the halt of traffic through the critical waterway.

Trump warns Nato faces 'very bad future' over Hormuz US President Donald Trump warned that Nato faces a “very bad future” if allies fail to help the United States secure shipping lanes in the Strait of Hormuz, according to an interview with the Financial Times. “We have a thing called NATO,” Trump said, adding that Washington had supported its allies in the past but now expects assistance. “Now we’ll see if they help us,” he said, arguing that countries benefiting from the Gulf’s energy routes should help ensure “nothing bad happens there.” “We’ve been very sweet. We didn’t have to help them with Ukraine. Ukraine is thousands of miles away from us …  But we helped them. Now we’ll see if they help us. Because I’ve long said that we’ll be there for them but they won’t be there for us. And I’m not sure that they’d be there,” he said.

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March 15 (Reuters) - French President Emmanuel Macron said on Sunday he had asked Iranian President Masoud Pezeshkian to put an immediate end to attacks against countries in the Middle East whether directly or through proxies, including in Lebanon and Iraq. "I reminded him that France is acting within a strictly defensive framework aimed at protecting its interests, its regional partners, and freedom of navigation, and that it is unacceptable for our country to be targeted," Macron said in a post on X.

Oil rises as Iran seizes Hormuz gatekeeper role while Trump eyes risky naval option to reopen strait  Fortune

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By Andrew Gray and Lili Bayer BRUSSELS, March 15 (Reuters) - European Union foreign ministers will discuss on Monday bolstering a small naval mission in the Middle East but are not expected to decide on extending its role to the choked-off Strait of Hormuz, diplomats and officials say. The EU’s Aspides mission was established in 2024 to protect ships from attacks by Yemen’s Houthi rebel group in the Red Sea. It currently has an Italian and a Greek ship under its direct command and can also call upon a French ship and another Italian vessel for support.

Iran's control over the Strait of Hormuz could raise consumer prices across the board  CBS News

Cargo and tanker ship crews trapped, stranded by Strait of Hormuz closure | 60 Minutes  CBS News

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Korea considers options as Trump calls on allies for military support in Strait of Hormuz  Korea JoongAng Daily

FirstFT: India touts diplomacy with Iran to open Strait of Hormuz  Financial Times

The closed Strait of Hormuz is testing Asia's energy security. The answer lies across the Pacific—in Canada  Fortune

US plans coalition to escort ships through Strait of Hormuz: Report The Trump administration may soon announce a multinational coalition to escort commercial vessels through the Strait of Hormuz, the Wall Street Journal reported, citing US officials. The report has not been officially confirmed.

Ukraine leader previously said advisers were sent to Qatar, UAE, and Saudi Arabia to help thwart Iranian drone attacks.

India says talks with Iran helping reopen Hormuz shipping India’s foreign minister has said diplomacy with Iran is proving effective in restoring shipping through the Strait of Hormuz. In an interview with the Financial Times, Subrahmanyam Jaishankar said direct talks with Tehran had already produced results after two Indian-flagged LPG carriers passed safely through the waterway on Saturday. “Talking has yielded some results,” he said. US President Donald Trump has meanwhile has been pleading with countries to send warships to keep the strategic strait open after starting a war against Iran alongside Israel. Jaishankar said dialogue remained the preferred path forward. “Certainly, from India’s perspective, it is better that we reason and we coordinate and we get a solution than we don't.”

Trump’s call for countries to send warships to protect the Strait of Hormuz brings no promises  Anchorage Daily News

India Says Talks With Iran Are Helping Secure Shipping Through Strait Of Hormuz  i24NEWS