Market Chatter: NATO Discussing Hormuz Deployment to Help Guide Ships

MT Newswires Live05-19

The North Atlantic Treaty Organization is considering helping ships pass through the Strait of Hormuz if it doesn't get unblocked by early July, Bloomberg reported Tuesday, citing a senior official in the military alliance.

Several members of NATO support the idea, but it doesn't have the necessary unanimous support yet, the report said, citing a diplomat from a NATO country.

NATO didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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