US, Iran Stall on Hormuz Reopening as Oil Supplies Tighten

Iran said transit through the critical Strait of Hormuz will flow once the conflict with the US and Israel is over, but the sides are no closer to resolving their differences or finding a path to achieve it.

President Donald Trump returned from a two-day summit with Iran’s close ally, China’s Xi Jinping, where both agreed the strait should be open but made no apparent progress toward that goal.