NATO mulls Hormuz intervention amid economic pressure

Investing.com - NATO is discussing potential military assistance for ships passing through the blocked Strait of Hormuz if the waterway remains closed by early July, according to a report from Bloomberg News, citing alliance sources.

The discussions represent a shift from NATO’s earlier position that intervention would only occur after the US-Israel-Iran war ended and a broader, non-NATO coalition could be formed. Rising energy prices and declining growth forecasts have prompted the reconsideration.

The proposal lacks unanimous support among member nations, which is required for NATO action. Spain has opposed the war and banned the US from using its airspace, while other allies have quietly provided logistical support.

Iran blocked the strait after US and Israeli bombings began in late February.

The US has not formally requested NATO’s involvement. NATO leaders will address the situation at a summit in Ankara scheduled for July 7-8.

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