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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,
China’s Foreign Ministry called for greater efforts to maintain stability in the critical shipping lanes of the Persian Gulf, ...
From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
Iran has threatened to block the Strait of Hormuz. A disruption of this scale to the world's crucial oil supply could have a ...
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