Trump and Xi Agree on Strait of Hormuz: A Rare Glimpse into Backchannel Diplomacy The Strait of Hormuz has long been a contentious issue in international relations, with global powers vying for control over one of the world's most critical shipping lanes.
Connecting the Persian Gulf to the Gulf of Oman, this narrow waterway is responsible for approximately 20% of all oil traded globally, making it a vital artery for energy markets.
Trump and Xi's Backchannel Diplomacy US President Donald Trump and Chinese President Xi Jinping allegedly engaged in secret communication regarding the future of the Strait of Hormuz.