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China has been diversifying its sources for oil imports well before the current Middle East tensions.
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How the Strait of Hormuz Became the Ultimate Pressure Point in the US-China-Iran Oil Chess MatchThe Strait of Hormuz is not just a waterway; it is the artery of global energy. Any blockade would trigger a chain reaction ...
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Iran controls the Northern side of the Strait of Hormuz, a passage which sees significant global trade pass through daily. If ...
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Iran threatened to close the Strait of Hormuz, a vital shipping lane handling 20% of global petroleum demand, in response to ...
As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...
Naval forces in the Middle East warned that ships, especially U.S.-linked ones, could be at heightened risk after the U.S.
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Iran's foreign minister warned earlier Sunday that the Islamic Republic "reserves all options to defend its sovereignty" ...
The Strait of Hormuz is one of the world's busiest shipping lanes, so any disruption would hit the energy markets hard.
Iran last disrupted traffic in the Persian Gulf in April last year when it seized an Israel-linked container ship near the ...
China called for stability for shipping routes in the Middle East after Iran said Sunday its parliament voted to close the ...
Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being ...
Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...
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