HomeAmericaEuropean countries and Japan: ready to help on Hormuz, stabilise energy markets

European countries and Japan: ready to help on Hormuz, stabilise energy markets

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LONDON, March ‌19 (Reuters) - Leading nations in Europe ​said in a joint statement with Japan ⁠on Thursday they would take steps to stabilise energy markets and were ​ready to join "appropriate efforts" to ensure safe ‌passage through the Strait of Hormuz.

The statement from Britain, France, Germany, Italy, the Netherlands ⁠and Japan, condemned attacks ⁠by Iran and called on it to halt its actions immediately. It also said they would work with ‌certain energy producing nations to increase output ⁠and stabilise markets.

"We express ‌our readiness to contribute ​to appropriate efforts to ensure safe passage through the Strait," the statement ‌said. "We welcome the commitment ​of nations ⁠who are engaging in preparatory planning."

Welcoming ‌the release of ⁠strategic petroleum reserves, the statement added: "We will take other steps to stabilise energy ​markets, including working ‌with certain producing nations to increase ⁠output."

(Reporting by Muvija ​M, writing by Kate Holton, editing ​by William James)

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