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Strelmark President Hilary Fordwich says China is “more vulnerable” because of its close relationship with Iran and by being ...
Around 84% of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South ...
In 2024, average daily exports stood at 20.3 million barrels of crude oil and 290 million cubic meters of liquefied natural ...
In retaliation for U.S. military attacks against Iran, the country could attempt to shut down the Strait of Hormuz, through ...
By Jasper Ward U.S. Secretary of State Marco Rubio on Sunday called on China to encourage Iran to not shut down the Strait of ...
United States Secretary of State Marco Rubio turned to China on Sunday to prevent Iran from closing the Strait of Hormuz, one ...
By Monday morning, the price of a benchmark barrel of U.S. oil was up 0.4% at $74.16 after briefly dipping to a loss. Brent ...
Fears of conflict loom large after the United States inserted itself into the Israel-Iran war, raising urgent questions about ...
Iran mulls closing the Strait of Hormuz as retaliation: How it could affect global shipping, economy
Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
Just 24 miles wide at its narrowest point, the Strait of Hormuz is a crucial waterway through which millions of barrels of ...
Trump wants oil producers to pump more crude amid jitters that Iran may close critical shipping lane
President Donald Trump is calling for the U.S. and other oil-producing economies to pump more oil as crude prices remain ...
China's UN Ambassador Fu Cong said all parties should restrain the impulse of force... and adding fuel to the fire, according ...
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