About 40 countries are discussing joint action to reopen the Strait of Hormuz, as Iran's blockade is deemed a threat to global economic security.

About 40 countries are discussing joint action to reopen the Strait of Hormuz to stop Iran holding “the global economy hostage”, Britain said on Thursday, after US President Donald Trump said securing the waterway was for others to resolve. British foreign minister Yvette Cooper said Iran’s “recklessness” in blockading ‌the waterway was “hitting our global economic security” as she chaired the virtual meeting, which included France, Germany, Canada, the United Arab Emirates and India. “We have.....