Global energy markets need deal cut on Iran war: Wong

Australia wants Iran to strike a deal with the United States to ease stress on global energy markets as a key oil gateway remains closed.
Donald Trump said that in response to the demands of countries not involved in the conflict, the United States will begin guiding ships through the Strait of Hormuz, which has been effectively closed since the beginning of the war.
“For the good of Iran, the Middle East, and the United States, we have told these countries that we will safely remove their Ships from these restricted Waterways so that they can go about their business freely and competently,” the US president wrote on Truth Social.
Foreign Affairs Minister Penny Wong said global energy markets and Australian consumers needed the gateway to reopen.
“But what we want is for Iran to reach an agreement, to make sure that it gets a negotiated outcome that will open the strait and satisfy the United States and the rest of the world,” he told Seven’s Sunrise program on Monday.
Senator Wong said Australia was working with the US, UK and France to secure the outcome.
“We all have an interest in getting this resolved. We know it affects the Australians on the oil tanker,” he told ABC News Breakfast.
“It has impacted our economy and forced our need to get fuel from elsewhere.”
In announcing the operation, Mr. Trump expressed doubts that Iran’s proposal to end the war was “acceptable.”
Tehran confirmed that it had received a response from the United States to its latest peace proposal, which was transmitted through Pakistan and is currently under review.
The 14-point peace plan demands that the United States withdraw all its forces near Iran, lift the naval blockade in the Strait of Hormuz, and end Israel’s offensive in Lebanon.
It was called for an agreement to be reached between the two countries within 30 days.

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