China has reportedly intensified diplomatic pressure on Iran to ensure the Strait of Hormuz remains open for international shipping.
The waterway, a critical chokepoint for global energy trade, has come under threat following US and ‘Israeli’ strikes against Iran, prompting Tehran to warn of potential closures and attacks on vessels.
Senior executives from Chinese state-owned gas companies, according to Bloomberg, said that Beijing is actively engaging Iranian officials to prevent disruptions to oil and liquefied natural gas (LNG) shipments, particularly from Qatar and other Gulf suppliers.
It’s not about smuggling oil. It’s about any Gulf oil getting out which will decrease market value.
We’re back to this point which is as I already pointed out is ruled irrelevant by the fact that when 2 countries hostile to the west hold complete control of flow from the region they get to set the price. “Market price” isn’t real in a monopoly situation.
Iran’s biggest strength is being able to cut off oil transports from the Gulf and destroying the Gulf economy. Allowing China to buy oil from anyone in the region instead of exclusively from Iran means the Gulf can bypass Iran’s trump card.
Iran’s strength is that even with its old stock of short-medium range missiles and cheap shahed drones they can already strike through multi million dollar interceptor swarms.
Iran’s trump card is that they have stocks of Fattah-1 hypersonic missiles in reserve and that the USIsrealis are already running out of interceptors.
Also again if the gulf are “selling” under monopoly conditions to Russia and China who support Iran they will absolutely be getting cents which is economy crushing when you rely on oil if China or Russia buy from them at all when they already have massive oils deals with Iran. This is massive speculation that it will happen at all as again I pointed out already their production capacity has been targeted and some of it is already shut down.