News Link • China
China Panics, Urges Ceasefire To Reopen Strait Of Hormuz As Beijing Is Addicted To Cheap...
• https://www.zerohedge.com, by Tyler DurdenChinese 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.
And this.
Chinese officials have reportedly been pressing Iran not to disrupt tanker traffic, damage Qatari gas exports, or hit major export hubs, according to Bloomberg.
The latest AIS shipping tracking data via Bloomberg shows the Strait of Hormuz remains paralyzed, with Iran's Revolutionary Guards commander threatening fire and destruction to any ship that transits the narrow waterway.






