NATO explores possible mission in Strait of Hormuz to protect ships - Bloomberg

NATO is discussing the possibility of assisting the ship in passing through the Strait of Hormuz if Iran does not lift the blockade by early July, sources told Bloomberg. According to them, the initiative is supported by several members of the bloc, but there is no unanimous decision yet: some allies fear the alliance's involvement in the Iranian conflict. NATO leaders are to discuss the situation at a meeting in Ankara on July 7-8, the agency writes. A NATO spokesman did not respond to his request for comment.

Brent crude oil fell in price by about 1.5% to $110 per barrel at the auction on May 10. At the moment, the price fell below $109 per barrel.

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