China Panics, Urges Ceasefire To Reopen Strait Of Hormuz As Beijing Is Addicted To Cheap Iranian Cru

[rangerrebew]

China Panics, Urges Ceasefire To Reopen Strait Of Hormuz As Beijing Is Addicted To Cheap Iranian Crude
 
by Tyler Durden
Tuesday, Mar 03, 2026 - 08:55 AM

Chinese Foreign Ministry spokeswoman Mao Ning said at Tuesday's regular press briefing in Beijing that all parties in the Iran conflict must ensure the safe transit of commercial shipping through the critical maritime energy chokepoint of the Strait of Hormuz.

"China urges all parties to immediately cease military operations, avoid escalating tensions, and safeguard the safety of navigation in the Strait of Hormuz," spokeswoman Ning said.

We've briefed readers that China is heavily exposed to cheap Iranian crude exports. About 80% of Iran's oil exports - about 1.6 million barrels per day - go to China.


This means Beijing will do everything in its power to preserve this lifeline and remove any blockage in Hormuz.

https://www.zerohedge.com/geopolitical/china-panics-urges-ceasefire-reopen-strait-hormuz-beijing-addicted-cheap-iranian-crude

[rangerrebew]

I wouldn't be surprised if this wasn't anticipated by Trump.  Being a businessman, he looks at things much differently than life long crimin - er - politicians.

[bigheadfred]

 

[catfish1957]

DJT...

Keep an eye on Taiwan.  Considering Venezuela and now this....   Chicoms are feeling cornered.   Of course,  I hope they realize that Iran is the culprit threatening to close the Strait. 

So take that to their complaint department.