Business Standard
US President Donald Trump said Tuesday evening he was pausing the US effort to guide stranded vessels out of the Strait of Hormuz to allow time for a deal to end the Iran war, but that the American forces' blockade of Iranian ports would remain in place. Meanwhile, Iran's Foreign Minister Abbas Araghchi met with his Chinese counterpart, Wang Yi, in Beijing on Wednesday morning, the official Xinhua news agency reported, without providing further details. It was the first time since the start of the war that Araghchi has travelled to China, whose close economic and political ties to Tehran give it a unique position of influence. Earlier in Washington, US Secretary of State Marco Rubio had expressed hope that Beijing would reiterate to Tehran the need to release its chokehold on the strait, which is a vital waterway for global energy. Iran's effective closure of the strait, through which major oil and gas supplies passed before the war, along with fertilizer and other petroleum produc
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