Iran said transit through the Strait of Hormuz will normalize once security conditions are restored, after US President Donald Trump returned from a visit to China with an agreed desire to reopen the critical maritime route but little in the way of a path to achieving it.
Iran has shown little interest in loosening its hold on the waterway, insisting it wants to maintain a degree of control even after the end of the war. Iran’s threats on ships in the Persian Gulf have brought exports from the oil-rich region to a near-standstill, sending energy prices soaring and giving Tehran significant leverage in talks with the US.
