• Sign up for the Daily Digest E-mail
  • X
  • LinkedIn
  • See more results

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors

BOE Report

Sign up

See more results

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

US, Gulf Arab nations draft new UN resolution on Strait of Hormuz

May 4, 202611:55 AM Reuters0 Comments

The United States and Gulf Arab nations are drafting a U.N. Security Council resolution designed to condemn Iran for blocking the Strait of Hormuz in response to a U.S.-Israeli bombing campaign, U.S. Ambassador to the U.N. Mike Waltz said on Monday.

Waltz said negotiations will take place this week on the resolution, which comes after permanent Security Council members Russia and China blocked a resolution last month that Washington hoped would galvanize international efforts to restore freedom of navigation of the waterway.

KEY DETAILS

* The U.S. is co-drafting the new resolution with Bahrain with input from Kuwait, Qatar, the United Arab Emirates and Saudi Arabia, Waltz told reporters on a briefing call.

* The resolution is expected to require Iran to cease attacks on merchant shipping and attempts to impose tolls on shipping in the strait, and it will demand Iran stop placing sea mines and disclose the locations of mines.

* Waltz says draft resolution is a “narrower effort” than the previous failed resolution and comes while a ceasefire is in place with Iran. “This is much more focused on mining international waterways and on tolling, which all of the economies of the world are affected by, particularly those in Asia,” he said.

(Reporting by Simon Lewis; Editing by Cynthia Osterman)

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Bessent says China’s Iranian oil purchases have decreased- Fox Business
  • Houthis warn shipping companies to avoid Saudi ports, email shows
  • Saudi Arabia crude exports fall to 3.434 mln bpd in May
  • Goldman sees Brent exceeding $120/bbl in Q4 if Hormuz disruptions persist
  • Lycos Energy Inc. Announces Strategic Acquisition of Sparky Waterflood Assets, $30.0 Million Equity Financing, Expanded Credit Facility, Operations Update and Increased 2026 Guidance

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2026 Stack Technologies Ltd.