Korean Talks
Image default
Finanace

Iran allowing transit of Chinese vessels in Strait of Hormuz, Fars news reports

Iran has begun allowing some Chinese vessels to transit through the Strait of Hormuz following an understanding over Iranian management protocols for the waterway, the semi-official Fars news agency said on Thursday, citing an informed source. The Fars report came as U.S. President Donald Trump, who is on a state visit to China, agreed with the Chinese leader Xi Jinping that the Strait of Hormuz must be open for the free flow of energy. The source told Fars news the move followed requests by China’s foreign minister and ambassador to Iran, with Tehran agreeing to facilitate the passage of a number of Chinese ships in line with the two countries’ strategic partnership. Following the start of U.S. and Israeli strikes on 28 February, Iran severely restricted transit in the Strait of Hormuz. A U.S. blockade on Iranian ports which started a few days after a ceasefire agreed upon in early April has prolonged the crisis in the waterway, through which one-fifth of global oil and natural gas transit. It was not immediately clear how far the move altered the situation on the ground, given Iran

Related posts

Major Korean conglomerates operate 140 offices in Middle East: data

Claire R. Peck

N. Korea’s Kim Yo-jong calls Lee ‘frank, broad-minded’ for his regret over drone incident

Claire R. Peck

Hanwha Aerospace partners with gaming giant Krafton to develop physical AI

Claire R. Peck