(March 21): Iranian Foreign Minister Abbas Araghchi said the nation is prepared to allow Japanese-related vessels to pass through the Strait of Hormuz after consultations between the countries’ officials, according to Kyodo News. Araghchi made the comments in an interview with the Japanese news agency on Friday, Kyodo said. The war in Iran prompted the Asian nation to release oil from its reserves this month. Japan has been under pressure from US President Donald Trump to help secure the strait. A call to Japan’s Foreign Ministry outside business hours went unanswered on Saturday morning.

Source: The Edge Markets March 21, 2026 01:26 UTC