Iran opens its hand in Hormuz to Asian oil tankers coinciding with Trump’s visit to Xi

Iran has announced that it is opening its hand in the Strait of Hormuz and has begun to allow the passage of oil tankers bound for Asian markets. Fundamentally, the measure affects China, but also Japan. The decision coincides with his meeting with his counterpart, Xi Jinping. Both have agreed on the need for the strait that connects the Persian Gulf with the Indian Ocean, and through which before the war a fifth of the world’s hydrocarbons went to international markets, be “open” to the free transit of energy products.

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