China reminds US, Israel that their attacks were the 'root cause' of Hormuz blockage
Beijing said military escalation is driving oil higher, with Brent crude up about 40% to 50% and airlines raising fuel surcharges.
- On Thursday, China declared that United States and Israeli military operations against Iran are the "root cause" of the Strait of Hormuz blockage, challenging President Donald Trump's call for nations to seize control of the vital waterway.
- The crisis began after United States and Israeli forces attacked Iran on February 28, prompting Tehran to retaliate against oil installations in the Gulf and effectively close the waterway to navigation.
- Global oil prices have surged 40 to 50 percent to around $100 per barrel, forcing airlines including Air China, Air France-KLM, and Cathay Pacific to increase fuel surcharges and reroute flights away from the conflict region.
- President Donald Trump urged nations to "take care of that passage" and "just take it, protect it, use it for yourselves," though Chinese Foreign Ministry spokeswoman Mao Ning countered that "military means cannot fundamentally solve the problem."
- Washington warned of another "two to three weeks" of heavy strikes that could "bring back to the Stone Ages" if no agreement is reached, raising stakes for China, the main buyer of Iranian oil passing through the Strait.
30 Articles
30 Articles
Chinese authorities announced today that American and Israeli operations against Iran are the "primary cause" of the blockade of the Strait of Hormuz.
China has given the U.S. and Israel responsibility for the far-reaching stop of shipping through the Strait of Hormus.
Root cause of global energy shortage is MidEast tensions, Chinese FM responds to question over reported fuel assistance to regional countries
In response to a question from a foreign journalist regarding whether China is in discussions with countries on fuel assistance, following Reuters' report this week that China is poised to extend its ban on refined fuel exports into April, though exemptions could be applied to small volumes bound for countries including Sri Lanka
After US President Donald Trump threatened in a speech on Wednesday night that the US would return Iran to the Stone Age with forceful attacks, Beijing called on all parties involved to immediately halt military operations. Australian Prime Minister Anthony Albanese said it was unclear what remained to be achieved in Iran, given that the original objectives had been met.
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