President Trump and Chinese President Xi Jinping agree to keep the Strait of Hormuz open

A short update states that President Trump and Chinese President Xi Jinping agreed to keep the Strait of Hormuz open. The input provides no further details on timing, mechanism, or any formal agreement. The Strait of Hormuz is a strategically important maritime chokepoint for global oil and energy flows, so any statement about keeping it open can carry broader relevance for financial markets, including crypto, which often reacts to geopolitical risk and energy-market volatility.

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