Tensions mount in the Middle East as US Secretary of State Marco Rubio has implored China to persuade Iran not to close the Strait of Hormuz, a pivotal channel for global oil transport. Reports from Iran's Press TV indicate parliamentary approval for a plan to close the Strait, a decision pending from the Supreme National Security Council. The closed Strait could severely disrupt oil supply, impacting economies worldwide, especially China, the leading importer of Iranian oil. After recent US airstrikes on Iranian nuclear facilities, oil prices rose sharply, highlighting the urgency of the situation. Rubio emphasized the economic repercussions for Iran should it pursue closure, calling the move "economic suicide." As 20% of the world's oil flows through this waterway, expert analyses warn of potential price hikes affecting consumers globally.
US Urges China to Intervene and Prevent Iran from Closing the Strait of Hormuz

US Urges China to Intervene and Prevent Iran from Closing the Strait of Hormuz
In a significant diplomatic move, the US Secretary of State has called for China's intervention to safeguard a critical global shipping route.
China's reliance on Iranian oil is significant, with imports exceeding 1.8 million barrels per day, making its role crucial in the geopolitical landscape. Analysts propose that Iran has much to lose by antagonizing its oil-rich neighbors and jeopardizing its ties with China, stressing that the potential closure of the Strait would invite backlash. Following recent military engagements between the US and Iran, Beijing urged restraint and condemned the escalation, calling for a ceasefire. This complex situation underscores the precarious balance of power in the region and the critical importance of international diplomacy to maintain stability in global oil markets.