China has called for urgent de-escalation amid rising tensions in the Strait of Hormuz, where 30% of the world's seaborne oil passes daily. The move comes after the US announced plans to block vessels linked to Iran, sparking fears of a new global trade crisis.
🔊 "The way forward lies in achieving a ceasefire as soon as possible" – Chinese Foreign Ministry spokesperson Guo Jiakun stressed during Monday's press briefing. He emphasized that disruptions to this vital shipping lane stem from the ongoing US-Iran conflict, urging all parties to "remain calm and exercise restraint."
🌐 Why it matters: The strategic waterway connects Persian Gulf oil producers to key markets in Asia, Europe and beyond. With global energy prices already volatile, further instability could hit economies worldwide – from Tokyo to Toronto.
💡 What's next: China has offered to mediate, building on its recent diplomatic successes in the Middle East. While details remain scarce, analysts suggest backchannel talks might already be underway.
