Trump Says Xi Agrees Iran Must Reopen Strait of Hormuz

President Trump said Friday that Chinese President Xi Jinping agreed Iran must reopen the Strait of Hormuz, though China gave no indication it would apply pressure on Tehran. Trump spoke to reporters aboard Air Force One while returning from a two-day summit in Beijing focused on trade and regional security.

"I'm not asking for any favors because when you ask for favors, you have to do favors in return," Trump said when asked whether Xi had committed to pressuring Iran. U.S. sanctions on Chinese oil companies that purchase Iranian crude. China remains the largest buyer of Iranian oil.

U.S. and Israeli attacks began on February 28. The strait previously carried one-fifth of global oil and liquefied natural gas supply. The closure has triggered the largest oil supply crisis in history and driven up global oil prices. U.S. paused its attacks last month but imposed a port blockade. U.S. military.

Iranian parliament security committee head Ebrahim Azizi said Saturday that Tehran has prepared a mechanism to manage traffic through the strait along a designated route. Azizi said only commercial vessels and parties cooperating with Iran would benefit and that fees would be collected for specialized services.

U.S. each rejected the other's latest proposals. Trump has threatened to resume attacks if Iran does not agree to a deal.