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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,
Half a dozen ships have diverted course on the way to the Strait of Hormuz, the crucial waterway connecting the energy-rich ...
Energy expert Gabriella Hoffman argues Iran's retaliatory actions to U.S. strikes will backfire against its allies and ...
The Strait of Hormuz matters enormously because it channels roughly one‑fifth to one‑quarter of the world's oil supply, ...
India, China, South Korea and Japan could be among the Asian countries facing pain at the pump if Iran decides to close the ...
While there have been no major disruptions to the global oil supply so far, the attacks on Iran — by Israel and then the US — have rattled investors, sending oil futures soaring by around 10% since ...
From China urged to adopt yuan-backed stablecoins to Beijing criticising the US and Iran, here’s a round-up from today’s ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
The Coswisdom Lake, a very large crude carrier (VLCC), reached the strait on Sunday before making a U-turn and heading south, ...
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