{"id":104753,"date":"2026-05-09T01:26:23","date_gmt":"2026-05-09T01:26:23","guid":{"rendered":"https:\/\/www.europesays.com\/iran\/104753\/"},"modified":"2026-05-09T01:26:23","modified_gmt":"2026-05-09T01:26:23","slug":"strait-of-hormuz-reopening-iran-u-s-war-ending-strait-of-hormuz-to-reopen-on-saturday-details-here","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/iran\/104753\/","title":{"rendered":"Strait of Hormuz reopening: Iran-U.S war ending, Strait of Hormuz to reopen on Saturday? Details here"},"content":{"rendered":"<p>US President Donald Trump said Friday that he was expecting Iran&#8217;s response to Washington&#8217;s latest proposal on a deal to ending the Middle East war by &#8220;tonight.&#8221; &#8220;I&#8217;m getting a letter supposedly tonight, so we&#8217;ll see how that goes,&#8221; Trump told reporters outside the White House.<\/p>\n<p>Washington has revised its proposed U.N. resolution demanding Iran halt attacks and mining in \u200bthe Strait of Hormuz but the \u200bchanges are unlikely to avert Chinese and Russian vetoes, diplomats said on \u200bFriday. A Chinese veto would be awkward ahead of U.S. President Donald Trump&#8217;s trip to China next week, where the Iran war is likely to be high on the agenda.<br \/>The U.S. Treasury on Friday announced sanctions against 10 individuals and \u200bcompanies, including several in China and \u200bHong Kong, over accusations they aided Iran&#8217;s efforts to secure weapons and \u200bthe raw materials needed to build its Shahed drones and ballistic missiles.<\/p>\n<p>The Treasury move, first reported by Reuters, comes days before U.S. President Donald Trump plans to travel to China for a meeting with President Xi Jinping \u200cand as efforts \u2060to \u2060end the war with Iran have stalled.<\/p>\n<p>In a statement, Treasury said it remained ready to take economic action against Iran&#8217;s \u200bmilitary industrial base to prevent Tehran from reconstituting its production capacity.<\/p>\n<p><img decoding=\"async\" alt=\"ET logo\" src=\"https:\/\/www.europesays.com\/iran\/wp-content\/uploads\/2026\/05\/118783427.cms.png\" width=\"90%\"\/>Live Events<br \/>Treasury said it was also prepared to \u200bact against any foreign company supporting illicit Iranian commerce, including airlines, and could impose secondary sanctions on foreign financial institutions that aid Iran&#8217;s efforts, including those connected to China&#8217;s independent &#8220;teapot&#8221; oil refineries.<br \/>Brett \u200bErickson, managing principal at Obsidian Risk Advisors, said Treasury&#8217;s actions \u2060were aimed \u200cat cracking down on Iran&#8217;s ability to threaten ships operating in the \u200bStrait of Hormuz \u200band regional allies.Iran shut the Strait of Hormuz, a narrow chokepoint between \u2060Iran and Oman through which a fifth of the world&#8217;s crude \u200boil and liquefied natural gas passes, after the U.S. and Israel \u200battacked a large number of targets in Iran on February 28. Shipping through the crucial waterway has ground to a near halt since the war began, sending energy prices sharply higher.<\/p>\n<p>Iran is a major drone manufacturer and has the industrial capacity to produce around 10,000 a month, according to the British government-fund Centre for Information Resilience.<\/p>\n<p>Erickson said the sanctions were still narrowly \u200cfocused, giving Iran more time to adapt and reroute procurement to other suppliers. Treasury was also not yet going after Chinese banks that were keeping Iran&#8217;s \u200beconomy going, he \u200badded.<\/p>\n<p>The companies facing sanctions \u2060include:<\/p>\n<p>\u2022 China-based Yushita Shanghai International Trade Co Ltd for facilitating acquisition efforts for Iran to purchase weapons from China.<\/p>\n<p>\u2022 Dubai-based Elite Energy FZCO for transferring millions of dollars to a Hong Kong \u200bcompany to aid the procurement effort.<\/p>\n<p>\u2022 Hong Kong-based HK Hesin Industry Co Ltd and Belarus-based Armory Alliance LLC for working as intermediaries in the procurements.<\/p>\n<p>\u2022 Hong Kong-based Mustad Ltd for facilitating weapon procurement by Iran&#8217;s Islamic Revolutionary Guard Corps.<\/p>\n<p>\u2022 Iran-based Pishgam Electronic Safeh Co for procuring motors used in drones.<\/p>\n<p>\u2022 China-based Hitex Insulation Ningbo Co Ltd for supplying materials used in ballistic missiles.<\/p>\n","protected":false},"excerpt":{"rendered":"US President Donald Trump said Friday that he was expecting Iran&#8217;s response to Washington&#8217;s latest proposal on a&hellip;\n","protected":false},"author":2,"featured_media":104754,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[36297,102,36299,36296,101,16322,36298],"class_list":{"0":"post-104753","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-strait-of-hormuz","8":"tag-donald-trump-iran-proposal","9":"tag-hormuz","10":"tag-iran-drone-manufacturing","11":"tag-iran-u-s-war","12":"tag-strait-of-hormuz","13":"tag-strait-of-hormuz-reopening","14":"tag-u-s-sanctions-on-iran"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/116542018993341571","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/104753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=104753"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/104753\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/104754"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=104753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=104753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=104753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}