China will use its influence on Iran to help reopen the Strait of Hormuz, U.S. Treasury Secretary Scott Bessent told CNBC on Thursday. "China has a much bigger interest in reopening the strait than the U.

Diplomatic Developments in West Asia New Delhi: In a significant diplomatic move amidst ongoing tensions in West Asia, Iran has communicated its willingness to reopen the vital Strait of Hormuz, contingent upon the United States lifting what Tehran describes as a 'naval blockade' and releasing billions of dollars in frozen Iranian assets.

Earlier, Secretary of State Marco Rubio said in an interview that China should take a more active role in resolving a standoff over the strait. By Anton Troianovski Reporting from Beijing President Trump wants China to do more to persuade Iran to reopen ...

DUBAI/WASHINGTON, April 17 (Reuters) - Iran temporarily reopened the Strait of Hormuz on Friday following a ceasefire agreement in Lebanon, raising optimism about peace talks, but Tehran warned that it could close the crucial waterway again if the recent U ...

The U.S. is racing to reopen the Strait of Hormuz as Iran reportedly lays mines in the critical waterway, testing the Navy's shift to unmanned systems.

Fatih Birol of the International Energy Agency, who orchestrated a multinational release of oil reserves, detailed the risks facing the economy now and beyond.

Efforts to reopen the Strait of Hormuz have been the focus of talks between US secretary of state Marco Rubio and UK Foreign Secretary Yvette Cooper.The pair discussed the ongoing Iran crisis as Britain and France prepared to co-host a meeting of 40 defence ministers on Tuesday about plans to protect shipping in the critical waterway once hostilities cease in the conflict.

Qatar and Türkiye support Pakistan’s mediation efforts aimed at ending the Iran war and reopening the Strait of Hormuz, the Qatari foreign minister said on Tuesday.