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CN Reportedly Negotiating with Iran to Ensure Safe Passage of Vessels Through Strait of Hormuz
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As the US-Israel-Iran conflict escalates, China is negotiating with Iran to allow crude oil and Qatari LNG vessels to safely pass through the Strait of Hormuz, Reuters, citing people with the knowledge of the matter, reported. China reportedly maintains friendly relations with Iran and heavily relies on supplies from the Middle East, while being dissatisfied with Iran's move to close shipping in the Strait of Hormuz, and it is pressuring Iran to allow safe passage of vessels. Ship tracking data showed that a vessel named Iron Maiden passed through the strait at night, having previously changed its signal to "Chinese owner". According to data from Vortexa and ship tracking company Kpler, approximately 300 tankers remain in the strait. AASTOCKS Financial News Website: www.aastocks.com |
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