Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Banking Awards
    • Banking Innovation Awards
    • Digital Banking Awards
    • Finance Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    • Financial Awards
    • Private Banking Awards
    • Private Banking Innovation Awards
    • Retail Banking Awards
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Headlines
    3. >UK’s Cooper urges full resumption of shipping through Hormuz Strait
    Headlines

    UK’s Cooper Urges Full Resumption of Shipping Through Hormuz Strait

    Published by Global Banking & Finance Review®

    Posted on April 18, 2026

    2 min read

    Last updated: April 18, 2026

    Add as preferred source on Google
    UK’s Cooper urges full resumption of shipping through Hormuz Strait - Headlines news and analysis from Global Banking & Finance Review
    Tags:FinanceBankingMarketsPoliticstrade

    Quick Summary

    UK Foreign Secretary Yvette Cooper urged Iran to allow full resumption of shipping through the Strait of Hormuz, warning that despite a ceasefire, normal maritime traffic has not yet returned.

    Global Banking & Finance Awards 2026 — Call for Entries

    Table of Contents

    • Diplomatic Efforts and Shipping Challenges in the Strait of Hormuz
    • Current Status of the Strait of Hormuz
    • Recent Shipping Movements
    • Iran’s Position and Restrictions
    • International Response and Economic Impact
    • Urgency for Global Economy
    • Support for Freedom of Navigation
    • International Backing and Maritime Support
    • Challenges Ahead for Lasting Peace

    UK’s Cooper urges full resumption of shipping through Strait of Hormuz

    By Tuvan Gumrukcu

    Diplomatic Efforts and Shipping Challenges in the Strait of Hormuz

    ANTALYA, April 18 (Reuters) - British Foreign Secretary Yvette Cooper said on Saturday the Strait of Hormuz had yet to return to normal operations despite a ceasefire in the Iran war, urging Tehran to allow global shipping to fully resume.

    Current Status of the Strait of Hormuz

    "We are at a critical diplomatic moment with a ceasefire now in place ... but we don't yet have normal passage through the strait," Cooper told Reuters on the sidelines of a diplomacy forum in Antalya.

    Recent Shipping Movements

    A convoy of tankers was crossing the strait on Saturday, the first major movement of ships in the crucial waterway since the U.S. and Israel launched their war on Iran on February 28.

    Iran’s Position and Restrictions

    Iran's Islamic Revolutionary Guard Corps said on Saturday that Tehran had agreed to "the managed passage of a limited number of oil tankers and commercial vessels through the Strait of Hormuz". It added that the strait will remain under strict Iranian control if the U.S. does not ensure full freedom of navigation for vessels travelling from and to Iran.

    International Response and Economic Impact

    Urgency for Global Economy

    Cooper said the U.S.-Iran truce needed to develop into a lasting peace, adding that restoring shipping through the waterway was urgent for the global economy.

    "We need the Strait of Hormuz open ... because this helps all of our economies right across the world that are currently being held hostage," she said.

    Support for Freedom of Navigation

    International Backing and Maritime Support

    Cooper said more than 50 countries had backed efforts to support freedom of navigation, with over a dozen prepared to provide maritime support, including demining and reassurance for shipping, once the conflict ends.

    Challenges Ahead for Lasting Peace

    She said there was still “considerable work to do” to turn the ceasefire into an enduring settlement and urged all sides to uphold the truce.

    (Reporting by Tuvan Gumrukcu; Editing by Jonathan Spicer, Louise Heavens and Emelia Sithole-Matarise)

    Key Takeaways

    • •Despite the ceasefire, shipping through the Strait of Hormuz remains significantly disrupted, posing ongoing risks to global energy flows and trade.
    • •The Strait normally handles about 20% of global oil and LNG shipments, and its partial closure has already triggered steep oil price surges and economic strain worldwide.
    • •Restoring full passage through the strait is critical for stabilizing energy markets, global supply chains and economic recovery, especially amid fragile geopolitical conditions.

    Frequently Asked Questions about UK’s Cooper urges full resumption of shipping through Hormuz Strait

    1Who is calling for the full resumption of shipping through the Strait of Hormuz?

    British Foreign Secretary Yvette Cooper is urging the resumption of shipping through the Strait of Hormuz.

    2What is the current situation in the Strait of Hormuz despite the ceasefire?

    Normal operations have not yet resumed in the Strait of Hormuz despite a ceasefire in the Iran war.

    3Why is resuming shipping through the Strait of Hormuz important?

    Restoring shipping is urgent for the global economy according to Yvette Cooper.

    4Where did Yvette Cooper make her statement about the Strait of Hormuz?

    She made the statement at a diplomacy forum in Antalya, Turkey.

    5What does Yvette Cooper say about the ceasefire in Iran?

    Cooper emphasized that the truce should develop into a lasting peace.

    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Global Banking & Finance Awards 2026 — Now Open for Entries
    Previous Headlines PostColombia's Petro Warns of Latin American 'rebellion' if US Doesn't Rethink Policy
    Next Headlines PostUkraine Strikes Industrial Targets in Volga River Towns, Samara Governor Says
    More from Headlines

    Explore more articles in the Headlines category

    Image for Colombia's Petro warns of Latin American 'rebellion' if US doesn't rethink policy
    Colombia's Petro Warns of Latin American 'rebellion' if US Doesn't Rethink Policy
    Image for Ukraine strikes industrial targets in Volga river towns, Samara governor says
    Ukraine Strikes Industrial Targets in Volga River Towns, Samara Governor Says
    Image for Russia hits port, power facility in Ukraine overnight
    Russia Hits Port, Power Facility in Ukraine Overnight
    Image for Iranians fear sharpening pressure after war and crackdown 
    Iranians Fear Sharpening Pressure After War and Crackdown 
    Image for New Zealand defends military patrol flight near China
    New Zealand Defends Military Patrol Flight Near China
    Image for Trump says he has 'good news' on Iran, no clarity on peace deal
    Trump Says He Has 'good News' on Iran, No Clarity on Peace Deal
    Image for Australia, Japan sign contracts to start $7 billion warship deal
    Australia, Japan Sign Contracts to Start $7 Billion Warship Deal
    Image for Fire breaks out at oil terminal in southern Russia's Krasnodar region, officials say
    Fire Breaks Out at Oil Terminal in Southern Russia's Krasnodar Region, Officials Say
    Image for UK police charge fourth suspect over attack on Jewish ambulances
    UK Police Charge Fourth Suspect Over Attack on Jewish Ambulances
    Image for Ukraine's Zelenskiy calls for joint efforts to set up Hormuz  mission
    Ukraine's Zelenskiy Calls for Joint Efforts to Set up Hormuz Mission
    Image for Dubai police arrest Daniel Kinahan on organised crime charges, Irish media report
    Dubai Police Arrest Daniel Kinahan on Organised Crime Charges, Irish Media Report
    Image for Zelenskiy: Ukraine believes Russia will try again to involve Belarus in the war
    Zelenskiy: Ukraine Believes Russia Will Try Again to Involve Belarus in the War
    View All Headlines Posts