Iranian FM Seyed Araghchi said military action cannot resolve Hormuz crisis and noted progress in Pakistan‑brokered talks.
Iran has kept the Strait effectively closed since late‑February, cutting off about one‑fifth of global oil supply.
Oil prices fell 1.4% after rallying 6% the previous session amid renewed tensions and US escort operations.
US President Donald Trump threatened to “blow Iran off the face of Earth” if it attacks US vessels in Hormuz.