Last night, President Trump told reporters on Air Force One that he was "demanding" allies provided back up in the Strait of Hormuz and send ships to keep the supply of oil flowing.
“If there’s no response or if it’s a negative response", he warned, "I think it will be very bad for the future of Nato."
Keir Starmer’s response this morning was clear - the PM insisting that the UK would not be dragged into a wider war. Instead, he’s working with European allies on a "viable plan" to ease the crisis. Others have used even stronger language. The Germans have said the war has "nothing to do with NATO". Luxembourg's deputy PM has warned his country won't listen to "blackmail". Italy has rejected Trump's request. Others too, are deciding that they no longer need to pander to the man in the White House.
Has Europe reached a fundamental turning point now when it comes to America? Does it see Trump - and his war -as a toxic asset? And how do we navigate lower oil prices in the midst of this geopolitical chaos?
The News Agents is brought to you by HSBC UK - https://www.hsbc.co.uk/