World

UN votes on Hormuz security resolution

Bahrain drops all necessary means language after Russia and China objections, shipping risk already priced as a finance problem

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Países del Golfo solicitaron a la ONU autorización para el uso de la fuerza contra Irán en el Estrecho de Ormuz (EFE/ARCHIVO) Países del Golfo solicitaron a la ONU autorización para el uso de la fuerza contra Irán en el Estrecho de Ormuz (EFE/ARCHIVO) infobae.com
La crisis en el Estrecho de Ormuz alimenta la volatilidad de los mercados energéticos y genera incertidumbre global sobre la seguridad marítima y el comercio internacional. (REUTERS/ARCHIVO) La crisis en el Estrecho de Ormuz alimenta la volatilidad de los mercados energéticos y genera incertidumbre global sobre la seguridad marítima y el comercio internacional. (REUTERS/ARCHIVO) infobae.com
El cierre parcial del Estrecho de Ormuz provoca alzas en los precios del petróleo y del gas, generando preocupación global por la seguridad energética y el abastecimiento. (REUTERS/ARCHIVO) El cierre parcial del Estrecho de Ormuz provoca alzas en los precios del petróleo y del gas, generando preocupación global por la seguridad energética y el abastecimiento. (REUTERS/ARCHIVO) infobae.com
Bahréin y los países árabes del Golfo presentan una resolución para proteger la navegación en el Estrecho de Ormuz y garantizar el libre tránsito de buques comerciales y petroleros. (REUTERS/ARCHIVO) Bahréin y los países árabes del Golfo presentan una resolución para proteger la navegación en el Estrecho de Ormuz y garantizar el libre tránsito de buques comerciales y petroleros. (REUTERS/ARCHIVO) infobae.com

The UN Security Council is due to vote Friday on a Bahrain-drafted resolution aimed at securing shipping through the Strait of Hormuz after Iran’s restrictions have effectively shut the route for much of commercial traffic. According to the Associated Press, the text has been rewritten to strip out the phrase “all necessary means” and replace it with authority to use “all defensive means necessary and commensurate with the circumstances” for at least six months.

The edit reads like a debate about international law, but it is also a negotiation over who will underwrite risk in a corridor that markets are already treating as closed. One-fifth of the world’s oil typically transits Hormuz, yet the immediate choke point is not a physical blockade so much as a financial one: insurers, shipowners, and banks can render a route unusable long before navies exchange fire. In that setting, a Security Council resolution becomes a piece of infrastructure in its own right—something that can be shown to underwriters, compliance teams, and lenders as a justification for sailing, extending credit, or pricing cargo.

Bahrain’s initial draft would have authorised action “in the Strait of Hormuz, the Gulf and the Gulf of Oman,” language that Russia and China objected to as an open-ended mandate for force, AP reports. China’s UN ambassador Fu Cong warned that such authorisation would be “unlawful and indiscriminate” and would “inevitably” escalate the conflict. France, another veto holder, pushed for “defensive measures that avoid any broad use of force,” and indicated the revised language might be acceptable.

The Gulf Cooperation Council has been lobbying for the strongest possible wording. In New York on Thursday, GCC secretary general Jasem Mohamed AlBudaiwi urged the council to take “all necessary measures” to protect the waterway, according to Infobae’s account of the meeting. For the Gulf monarchies, the economic exposure is direct: LNG shipments, crude exports, and even fertiliser flows are priced off the assumption that tankers can move. For Iran, the leverage is equally direct: if it cannot stop bombing, it can still raise the cost of doing business.

The revised text does not remove ambiguity so much as relocate it. “Defensive” can still cover a wide range of actions at sea, and the draft would allow states acting alone or in multinational naval partnerships to take such measures provided they notify the Security Council in advance, AP reports. That notification requirement spreads responsibility without clearly assigning it: a coalition can claim legality, while individual states can claim they merely acted within a UN framework.

The vote comes as US President Donald Trump has publicly framed the war as a multi-week campaign, saying the US and Israel will continue to bomb Iran “extremely hard” for two to three weeks, according to AP’s account. A second Security Council resolution adopted on March 11 condemned Iran’s attacks and called for an end to actions blocking shipping; Russia and China abstained.

On Friday, diplomats will argue over a single adjective—“defensive”—while tankers wait for a document that may matter more to insurers than to admirals.