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Iran's Strait Hijack Sparks Global Energy Security Crisis

4/2/2026

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Story summary
  • UK Foreign Secretary Yvette Cooper says Iran has hijacked the Strait of Hormuz, threatening global energy security.
  • At a summit with over 40 countries, Cooper called for diplomatic measures to reopen the strait.
  • U.S. President Donald Trump urged allies to take action.
  • Iran has fortified Kharg Island amid U.S. airstrikes targeting military sites.
  • The conflict has driven up global fuel prices, prompting Australia to implement measures to ease economic strain.