Tensions in the Middle East continued to influence global trade on Thursday after Iran announced that several Chinese vessels had been allowed to pass through the strategic Strait of Hormuz following an agreement with Tehran’s naval authorities.

The statement was issued by the Islamic Revolutionary Guard Corps, which said the movement of the ships began overnight after discussions on Iran’s management procedures for the waterway.
“It was ultimately concluded that a number of Chinese ships requested by this country would pass through this area after an agreement on Iran’s strait management protocols .This passage began last night,” a report said .
“More than 30 ships have been cleared to use the route,” it added.
The Strait of Hormuz remains one of the world’s most important shipping corridors, handling a significant share of global oil and liquefied natural gas exports during normal trading periods.
The waterway has faced major disruptions since the conflict involving Iran, the United States and Israel escalated on February 28.
Iran has tightened control over the passage since the outbreak of the war, a move that has unsettled international markets and raised concerns over global energy supplies.
At the same time, the United States has maintained restrictions on Iranian ports through increased naval operations in the region.
The latest development came as US President Donald Trump visited China for talks with Chinese President Xi Jinping.
According to reports, discussions between the two leaders included the ongoing conflict involving Iran and its impact on international trade and security.
Analysts say any changes to access through the Strait of Hormuz are closely monitored because of the route’s importance to global energy markets and international shipping.