00:00We badly want to see the ceasefire that we have at the moment, the temporary ceasefire, turned into a lasting
00:06peace because that's what's needed, not just to get the Strait of Hormuz reopened for the sake of the global
00:12economy, but also to get regional stability as well.
00:16So we hope every possible effort can be made. That's one of the reasons I'm here, to support the diplomatic
00:22efforts to get that enduring peace and to get the straits reopened. But we know that there is still considerable
00:29work to do. And whilst there have been positive commitments made about the straits, we've still not seen it actually
00:37open and we've still not seen the shipping flows.
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