RIYADH: Saudi Arabia’s Cabinet on Tuesday reaffirmed the importance of restoring freedom of navigation in the Strait of Hormuz as it was prior to the Feb. 28 start of hostilities between the US, Israel and Iran. Shipping through the Strait of Hormuz stayed at a trickle Tuesday, maritime trackers indicated, two days after the US promised to reopen it under an agreement with Iran to end their war.

Saudi Arabia endorsed the US-Iran ceasefire as Trump lifted the naval blockade and reopened the Strait of Hormuz, sending oil prices lower and boosting risk

Shipping groups warned Monday it was too soon to safely resume sailing through the Strait of Hormuz following US and Iranian promises that the trade route would reopen under their…