South Korea and Japan are considering U.S. President Donald Trump's calls for a joint naval effort to secure the Strait of Hormuz, a critical global oil transit route. South Korea’s presidential office stated it would coordinate with the U.S. and make a decision after thorough evaluation. The Strait of Hormuz, through which nearly 20% of the world’s oil flows, has been a focal point of geopolitical tensions amid U.S.-Iran disputes and recent attacks on oil tankers. This development could impact global markets by influencing oil prices and regional stability. Increased military presence in the strait might deter disruptions but could also escalate tensions. Traders should monitor U.S.-South Korea coordination and potential shifts in energy security strategies. For Gulf investors, the situation highlights the vulnerability of energy infrastructure and the importance of diversifying supply chains. Key indicators to watch include oil price volatility, U.S. military movements in the region, and diplomatic efforts between major powers.