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China has been diversifying its sources for oil imports well before the current Middle East tensions.
US Secretary of State Marco Rubio has called on China to prevent Iran from closing the Strait of Hormuz, one of the world's ...
Iran's foreign minister warned earlier Sunday that the Islamic Republic "reserves all options to defend its sovereignty" after U.S. airstrikes.
U.S. Secretary of State Marco Rubio on Sunday called on China to encourage Iran to not shut down the Strait of Hormuz after Washington carried out strikes on Iranian nuclear sites.Rubio's comments on ...
When asked to comment on reports that a growing number of foreign vessels have recently flown the Chinese national flag while ...
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 ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
A narrow passage of water called the Strait of Hormuz is the primary route for Middle Eastern countries shipping oil and petroleum products from the Persian Gulf to the rest of the world. Iran has ...
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
Iran last disrupted traffic in the Persian Gulf in April last year when it seized an Israel-linked container ship near the ...
“The Strait of Hormuz is very important to Iranian allies such as China, because most of Iran's oil goes to China. Closing the Strait would also turn relations between Iran and the GCC [Gulf ...
Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.