May 19, 2026
NATO is considering assisting ships through the blocked Strait of Hormuz if the waterway remains closed past early July, a senior alliance official stated. The information was reported by Bloomberg, citing officials who spoke on condition of anonymity.
The proposal has backing from several NATO members but has not yet achieved the unanimous support required, according to a diplomat from a NATO country. NATO leaders are scheduled to meet in Ankara on July 7-8.
Alexus Grynkewich, NATO’s supreme allied commander Europe, confirmed at a Tuesday press conference that he is thinking about the possibility, noting that formal planning follows political direction.
Such an intervention would mark a change in the alliance’s approach to the U.S.-Israeli war in Iran. Previously, allies insisted they would only engage in the strait after hostilities ended and a broad coalition including non-NATO countries was formed.
Economic difficulties are worsening due to the strait’s closure, which has driven energy prices higher and lowered growth forecasts. It remains unclear how NATO countries could ensure safe passage for commercial vessels. A recent U.S. effort to do so was stopped within days of its start, despite Washington’s significant military strength.
A NATO spokesperson did not immediately respond to a request for comment.
Iran initially blocked the Strait of Hormuz—through which about one-fifth of global oil and liquefied natural gas supplies move—after the U.S. and Israel began bombing the country in late February. The waterway has become a source of tension between the U.S. and its European NATO allies, who have refused to comply with current President Donald Trump’s demands to help reopen it. President Trump has repeatedly expressed anger over the response, and Washington recently announced it would withdraw 5,000 troops from Germany.
The senior NATO official said that while some allies still oppose authorizing an alliance mission for the strait, they would unite behind the idea if the blockage continues. The NATO diplomat noted that several allies support intervening to reopen the strait but cautioned others remain reluctant to be drawn into the conflict.
Some NATO members, such as Spain, have been unequivocally opposed to the war. Madrid even barred the U.S. from using its airspace and bases to attack Iran. Most allies, however, have quietly allowed access to their bases for logistical support.
A coalition led by France and the UK is also developing a plan to help secure navigation in the Strait of Hormuz once fighting subsides. Some countries have positioned assets in the area in preparation.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
REPORT DESCRIPTION
RESEARCH METHODOLOGY AND THE AI PLATFORM
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
KEY FINDINGS
MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
MARKET SIZE: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
CONSUMPTION BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
BEST-SELLING PRODUCTS
MOST CONSUMED PRODUCTS
MOST TRADED PRODUCTS
MOST PROFITABLE PRODUCTS FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
TOP COUNTRIES TO SOURCE YOUR PRODUCT
TOP PRODUCING COUNTRIES
TOP EXPORTING COUNTRIES
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
TOP CONSUMING MARKETS
UNSATURATED MARKETS
TOP IMPORTING MARKETS
MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
PRODUCTION BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
8. IMPORTS
The Largest Import Supplying Countries
IMPORTS: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
9. EXPORTS
The Largest Destinations for Exports
EXPORTS: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition
PRO
11.1
United States
Market SizeProductionImportsExports
11.2
China
Market SizeProductionImportsExports
11.3
Japan
Market SizeProductionImportsExports
11.4
Germany
Market SizeProductionImportsExports
11.5
United Kingdom
Market SizeProductionImportsExports
11.6
France
Market SizeProductionImportsExports
11.7
Brazil
Market SizeProductionImportsExports
11.8
Italy
Market SizeProductionImportsExports
11.9
Russian Federation
Market SizeProductionImportsExports
11.10
India
Market SizeProductionImportsExports
11.11
Canada
Market SizeProductionImportsExports
11.12
Australia
Market SizeProductionImportsExports
11.13
Republic of Korea
Market SizeProductionImportsExports
11.14
Spain
Market SizeProductionImportsExports
11.15
Mexico
Market SizeProductionImportsExports
11.16
Indonesia
Market SizeProductionImportsExports
11.17
Netherlands
Market SizeProductionImportsExports
11.18
Turkey
Market SizeProductionImportsExports
11.19
Saudi Arabia
Market SizeProductionImportsExports
11.20
Switzerland
Market SizeProductionImportsExports
11.21
Sweden
Market SizeProductionImportsExports
11.22
Nigeria
Market SizeProductionImportsExports
11.23
Poland
Market SizeProductionImportsExports
11.24
Belgium
Market SizeProductionImportsExports
11.25
Argentina
Market SizeProductionImportsExports
11.26
Norway
Market SizeProductionImportsExports
11.27
Austria
Market SizeProductionImportsExports
11.28
Thailand
Market SizeProductionImportsExports
11.29
United Arab Emirates
Market SizeProductionImportsExports
11.30
Colombia
Market SizeProductionImportsExports
11.31
Denmark
Market SizeProductionImportsExports
11.32
South Africa
Market SizeProductionImportsExports
11.33
Malaysia
Market SizeProductionImportsExports
11.34
Israel
Market SizeProductionImportsExports
11.35
Singapore
Market SizeProductionImportsExports
11.36
Egypt
Market SizeProductionImportsExports
11.37
Philippines
Market SizeProductionImportsExports
11.38
Finland
Market SizeProductionImportsExports
11.39
Chile
Market SizeProductionImportsExports
11.40
Ireland
Market SizeProductionImportsExports
11.41
Pakistan
Market SizeProductionImportsExports
11.42
Greece
Market SizeProductionImportsExports
11.43
Portugal
Market SizeProductionImportsExports
11.44
Kazakhstan
Market SizeProductionImportsExports
11.45
Algeria
Market SizeProductionImportsExports
11.46
Czech Republic
Market SizeProductionImportsExports
11.47
Qatar
Market SizeProductionImportsExports
11.48
Peru
Market SizeProductionImportsExports
11.49
Romania
Market SizeProductionImportsExports
11.50
Vietnam
Market SizeProductionImportsExports
LIST OF TABLES
Key Findings In 2025
Market Volume, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Market Value: Historical Data (2012–2025) and Forecast (2026–2035)
Per Capita Consumption, by Country, 2022–2025
Production, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
Imports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
Imports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
Import Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
Exports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
Exports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
Export Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
LIST OF FIGURES
Market Volume, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Market Value: Historical Data (2012–2025) and Forecast (2026–2035)
Consumption, by Country, 2025
Market Volume Forecast to 2035
Market Value Forecast to 2035
Market Size and Growth, By Product
Average Per Capita Consumption, By Product
Exports and Growth, By Product
Export Prices and Growth, By Product
Production Volume and Growth
Exports and Growth
Export Prices and Growth
Market Size and Growth
Per Capita Consumption
Imports and Growth
Import Prices
Production, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Production, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Production, by Country, 2025
Production, In Physical Terms, by Country: Historical Data (2012–2025) and Forecast (2026–2035)
Imports, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Imports, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Imports, In Physical Terms, By Country, 2025
Imports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
Imports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
Import Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
Exports, In Physical Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Exports, In Value Terms: Historical Data (2012–2025) and Forecast (2026–2035)
Exports, In Physical Terms, By Country, 2025
Exports, In Physical Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
Exports, In Value Terms, By Country: Historical Data (2012–2025) and Forecast (2026–2035)
Export Prices, By Country: Historical Data (2012–2025) and Forecast (2026–2035)