Some of the United States’ key military allies are appealing directly to Tehran for help in stabilizing the economy as President Donald Trump’s war with Iran sparks a historic global energy crisis.
Instead of relying on President Trump’s efforts to reopen the vital Strait of Hormuz oil shipping route, Japan and the Philippines, which rely heavily on oil and gas supplies from the Middle East, are seeking deals with Iran, while South Korea is receiving support from other regional countries.
According to the International Energy Agency, oil and gas passing through the Strait of Hormuz accounts for 20% of global consumption, with the majority going to Asia.
In his address to the nation last week, President Trump downplayed America’s dependence on the Strait of Hormuz while suggesting that other countries dependent on oil shipped through the strait “take the lead” and “watch their routes.”
According to public broadcaster NHK, several ships with ties to Japan have passed through the strait in recent days. And Prime Minister Sanae Takaichi said Monday that work is underway to arrange a meeting with Iran’s president.
South Korea is also working on measures to ensure the safe passage of the 26 South Korean-flagged vessels currently stranded in the Strait of Hormuz. South Korea’s government said Tuesday it would send special envoys to Kazakhstan, Oman and Saudi Arabia to secure supplies of alternative crude oil and naphtha amid the turmoil.
Last week, the Philippine Foreign Minister secured assurances from Iran’s Ministry of Foreign Affairs that it would allow “safe, unimpeded and expeditious” passage of Philippine-flagged vessels, energy sources and all Filipino seafarers through the strait.
Other Asian countries, including India and Pakistan, have also signed deals with Iran for the safe passage of some ships.
