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Tehran has already denied holding any "direct" talks with the United States, saying that it has received messages through some mediators regarding Trump's desire for negotiations.
Iran declared its control of the chokepoint immediately after US and Israel began strikes at the end of February, warning that no American vessel was allowed to enter the Persian Gulf
Spokeswoman for China's Ministry of Foreign Affairs, said in an X post that "China commends and supports Pakistan's mediation effort for deescalation".
Iran is one of the world's biggest oil producers. The country holds the world's second-largest proven natural gas reserves and the third-largest crude oil reserves, according to United States Energy Information Administration.
The report came days after US President Donald Trump appeared to place responsibility for the decision to launch military strikes against Iran on Defence Secretary Hegseth.
Kuwait Petroleum Corporation (KPC) said early on Tuesday that the Al Salmi was struck in an Iranian attack while anchored at Dubai port in the United Arab Emirates