“There are some in the Iranian regime that are going around saying that they want to make the Straight of Hormuz a tolling thing. They want to make it permanent. That's unacceptable. The whole world should be outraged by it.”
Marco Rubio
0:19Finland's president warns the US-led war on Iran risks triggering a global recession worse than COVID-19, while ECB chief Christine Lagarde confirms the economic damage — from Strait of Hormuz closures causing 97% shipping disruption to supply shocks in oil, LNG, helium, and fertilizer — is already irreversible and will take years to unwind. At the G7, European allies openly confronted Marco Rubio over broken promises on Russia sanctions, Germany's chancellor declared the US-Israel campaign lacks any coherent strategy, and Iran flatly rejected Trump's claims of productive negotiations. For any professional tracking global markets, supply chains, or geopolitical risk, this episode lays out in real time why world leaders believe the economic fallout from this conflict has already passed the point of no return.
Discussion on world leaders' anger at Donald Trump, Marco Rubio's comments about the Strait of Hormuz likely not reopening, Iran's non-negotiable demands, and Trump's false claims of negotiation.
“We're not expecting it to basically ever reopen to traffic as usual by the end of the war.”
This grim prediction, reportedly from a G7 meeting, suggests a permanent and damaging disruption to a critical global trade route, with significant long-term economic implications.
“Shipping through the Strait of Hormuz right now is down 97% since the war started.”
This quote provides a stark, quantifiable measure of the severe disruption to a vital global shipping route, impacting supply chains and the global economy.
“There's so much fake news and disinformation coming from them that literally every single word is a lie.”
This powerful accusation from an adversary highlights the profound breakdown of trust and the pervasive role of disinformation in high-stakes international diplomacy.
“We're never giving up the Strait of Hormuz. We want to enrich uranium in the future. We need full reparations. We need security guarantees that you're not going to attack Iran or Hezbollah or any of our proxies. If you don't agree to those things, we don't even want to talk to you.”
This reveals the uncompromising and demanding stance of a key geopolitical player, underscoring the formidable obstacles to diplomatic resolution in a major international conflict.