Iran threatens ships that take up U.S. offer on Strait of Hormuz transit

French President Emmanuel Macron has urged the U.S. and Iran to work together to reopen the Strait of Hormuz, emphasizing a coordinated approach as the only viable solution. Macron’s call comes amid tensions after President Trump announced a plan to guide commercial vessels out of the Persian Gulf, a move France has opted not to join due to unclear military objectives. The strait, a crucial passage for global oil and gas transport, has been under Iranian control, with Tehran threatening vessels that do not comply with its transit protocols. This situation has led to economic disruptions, with many ships stranded and global oil prices rising. Despite a ceasefire between the U.S. and Iran, tensions remain high, with the U.S. imposing a naval blockade on Iranian ports, which Iran views as a violation of the truce. The ongoing conflict continues to impact global markets and international relations. QUESTION: How might the reopening of the Strait of Hormuz in a coordinated manner between the U.S. and Iran influence global economic stability?