China demands global cooperation for Strait of Hormuz stability ...Iraq

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China demands global cooperation for Strait of Hormuz stability

Shafaq News- Beijing

China on Tuesday noted that keeping the Strait of Hormuzsecure is vital for global energy supplies, as the war between Iran, the UnitedStates, and Israel entered its second week.

    At a press briefing, Geng Shuang, spokesperson for China’sForeign Ministry, underscored Beijing’s focus on halting military conflict,noting that China’s special envoy for Middle East affairs plans to travelacross the region to support stability and encourage dialogue among all partiesinvolved.

    Stressing the importance of safeguarding shipping lanes andoil flows through the Strait of Hormuz, he urged the international community tocooperate in preserving stability.

    Earlier today, US President Donald Trump threatened Iranwith a strike “20 times stronger” than anything it has faced if the countrymoves to block oil shipments through the Strait of Hormuz, a criticalchokepoint for global energy trade.

    The Strait of Hormuz handles roughly 4.5% of total globaltrade annually. Oil prices jumped more than 20% on Monday to their highestlevels since July 2022, as tensions escalate and concerns mount over potentialdisruptions to energy supplies and shipping through the waterway.

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