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From the perspective of the global oil economy, there are few places as strategically important as the Strait of Hormuz.
Asia in the crosshairs: Strait of Hormuz chokehold threatens energy lifeline for China, India, Japan
Around 84 per cent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, ...
Iran has control over the shipping chokepoint that handles much of China’s imported oil, and Beijing will get daily updates ...
Energy expert Gabriella Hoffman argues Iran's retaliatory actions to U.S. strikes will backfire against its allies and ...
The Coswisdom Lake, a very large crude carrier (VLCC), reached the strait on Sunday before making a U-turn and heading south, ...
From China urged to adopt yuan-backed stablecoins to Beijing criticising the US and Iran, here’s a round-up from today’s ...
China’s Foreign Ministry called for greater efforts to maintain stability in the critical shipping lanes of the Persian Gulf, ...
Iran is reportedly preparing to close Strait of Hormuz. However, the USA has asked China to intervene and resolve the matter.
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