US says 'time for Europe, Asia free riding is over' as Strait of Hormuz tensions heat up
- Posted on April 24, 2026
- By Business News Today
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- 1 min read
US says 'time for Europe, Asia free riding is over' as Strait of Hormuz tensions heat up
The United States has ramped up its efforts to pressure Iran through a comprehensive maritime blockade. Pentagon Chief Pete Hegseth issued a stern warning to allies across Europe and Asia, declaring the end of complacency.