U.S. State Department: Both China and the U.S. agree that there will be no transit fees for the Strait of Hormuz

Jinse Finance reported on May 13, citing Reuters, that on May 12 the U.S. State Department stated that senior officials from both China and the United States agreed that no country should be allowed to impose transit fees on ships passing through the Strait of Hormuz. This indicates that both countries are seeking common ground on this issue. China has repeatedly stated that the Strait of Hormuz is an important energy trade corridor, and maintaining the region’s security, stability, and smooth passage serves the shared interests of the international community. (Dongxin News Agency)