Meeting comes after Trump criticised allies and indicated reopening the strait may not be a priority for US in Iran war

Trump reiterated previous points he's made this week during his prime-time speech about the war in Iran.

Iran has established a de facto safe shipping corridor in the north of the Strait of Hormuz to select ships, as Tehran sought to monetize its grip over the waterway.

Vessels wanting to transit the strategic waterway need to be from friendly countries, and some have to pay fees in Chinese currency or crypto before being escorted through the strait.

The head of Iran’s parliamentary national security committee, Ebrahim Azizi, said access to the Strait of Hormuz would be subject to new conditions set by Iran. “The Strait of Hormuz will certainly be opened;

March 31 (Reuters) - China and Pakistan on Tuesday called for an immediate ceasefire in the Gulf and the wider Middle East, urging the swift launch of peace talks and the restoration of normal navigation in the Strait of Hormuz,

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Cargo vessels and tanker transits through the Strait of Hormuz saw a minimal rise last week, despite Defense Secretary Pete Hegseth’s denial the waterway is facing a blockage. Shipping analysis Lloyd’s List reported Monday that recent transits still represent less than 10 percent of the average traffic.