world
Iran Says Strait of Hormuz Transit Will Resume After Conflict Ends
Iran stated that shipping through the Strait of Hormuz will return to normal once the current conflict with the U.S. and Israel concludes. Officials from multiple countries discussed reopening the waterway but reported no immediate agreement on terms.
May 18, 1:00 PM·1m read1 source
FO
al-monitor.comAudio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.
Iran stated that transit through the Strait of Hormuz will return to normal once the current conflict with the U.S. and Israel ends. Officials added that the sides remain far apart on resolving underlying differences.
Iranian threats to shipping in the Persian Gulf have reduced oil exports from the region to near zero. The reduction has driven energy prices higher and given Iran leverage in ongoing discussions. U.S. officials imposed a blockade on Iranian oil exports in response to the shipping disruptions. The measures aim to cut off revenue and encourage agreement on peace terms.
Pezeshkian said navigation conditions in the Strait of Hormuz will return to normal once insecurity ends. He added that Iran will apply monitoring and control mechanisms consistent with international law. Chinese Foreign Minister Wang Yi said the strait should reopen to shipping as soon as possible.
The statement came during meetings focused on the Middle East conflict. President Trump said he discussed lifting sanctions on Chinese oil companies that purchase Iranian crude. He added that three Chinese tankers recently carried Iranian oil through the strait with U.S. approval.
He described the issue as very complicated and better addressed later in negotiations.
