Iran grants China exclusive passage through the Strait of Hormuz

ndtv.com

Iran will only allow Chinese vessels through the Strait of Hormuz as a gesture of gratitude for China's stance during the ongoing Middle East war. This move is significant as Iran has blocked the vital waterway, a key chokepoint for global supply chains, since the conflict began. The Strait of Hormuz is crucial for oil shipments, with approximately 20% of global oil passing through it.


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