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China Warns on Strait of Hormuz Closure, Calls for De-escalation
China called for stability for shipping routes in the Middle East after Iran said Sunday its parliament voted to close the Strait of Hormuz. The waterway, which lies between Iran and Oman, is a key passageway for oil to flow to China,
From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
This narrow shipping route in the Gulf region sees one-fifth of global oil and liquefied natural gas (LNG) passing through, ...
Iran has control over the shipping chokepoint that handles much of China’s imported oil, and Beijing will get daily updates ...
The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
Energy expert Gabriella Hoffman argues Iran's retaliatory actions to U.S. strikes will backfire against its allies and ...
From China urged to adopt yuan-backed stablecoins to Beijing criticising the US and Iran, here’s a round-up from today’s ...
The Coswisdom Lake, a very large crude carrier (VLCC), reached the strait on Sunday before making a U-turn and heading south, ...
China’s Foreign Ministry called for greater efforts to maintain stability in the critical shipping lanes of the Persian Gulf, ...
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