Pakistan revealed that six to seven Muslim-majority countries are showing interest in joining the Mecca Defense Agreement. The collective-defense pact was signed earlier this month, with talks held in Istanbul involving senior diplomats from Pakistan, Saudi Arabia, and Turkey. The agreement aims to enhance regional security amid the ongoing Israel-Iran conflict. Istanbul discussions focused on institutionalizing military cooperation among signatories and potentially expanding the agreement to include more nations. The Strait of Hormuz, a critical passage for global oil shipments, remains a key concern, with market pricing indicating a 28.5% probability of normalizing traffic by year-end.
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