Trump puts spotlight on China, Iran’s top oil consumer
With the blockade of Iranian ports moving toward its third day, China, Iran’s largest importer of oil, is vowing not to send weapons to the Islamic Republic.
President Donald Trump confirmed circulated reports that China could be supplying weapons to Iran.
“[China] have agreed not to send weapons to Iran,” Trump wrote in a Truth Social post Wednesday morning.
The president also mentioned that China “is very happy” that Trump is “permanently opening the Strait of Hormuz,” adding that he is “doing it for them…and the world.”
China heavily depends on the Strait of Hormuz for about half of its crude oil imports. In contrast, Iran depends on China as its largest oil customer, accounting for nearly 91% of Iran’s oil exports, according to Visual Capitalist.
Since the blockade began, six commercial ships have been turned away from Iranian ports, according to reports.
“A blockade of Iranian ports has been fully implemented as U.S. forces maintain maritime superiority in the Middle East. An estimated 90% of Iran’s economy is fueled by international trade by sea. In less than 36 hours since the blockade was implemented, U.S. forces have completely halted economic trade going into and out of Iran by sea,” said U.S. Central Command Commander Adm. Brad Cooper.
Trump’s squeeze on Iran’s oil exports comes as reports are circulating that talks between Iran and the U.S. could resume soon, possibly returning to Pakistan after marathon talks over the weekend failed to produce a deal.
The president has been very clear on his demands regarding the Islamic Republic not obtaining a nuclear weapon, supporting proxies and keeping the Strait of Hormuz open.
Latest News Stories
Democrats vow to hold Bondi in contempt for refusing Epstein deposition
Commonwealth LNG signs supply deals with five major buyers
Lawmakers hear debate over data centers including revenue, headaches
Ceasefire impact holds across markets despite varying reports on the Strait of Hormuz
Illinois quick hits: Madigan corruption appeal to begin Thursday; Attorney General asks lawmakers for additional $15 million;
Litchfield Advances $23 Million Sewer Overhaul and Approves $112,000 in Emergency Water Plant Repairs
Deficit watchdog urges Congress to cut more, spend less than Trump’s budget request
Lawmaker pushes sales tax pause on gas as questions cloud ‘fragile’ ceasefire
Groups warn Middle East truce may not ease economic fallout
National ratings outlet says Pennsylvania has most ‘toss up’ midterm races
Regulator: LNG expansion likely to affect rare marsh bird
Court showdown over Trump’s tariffs could reshape U.S. trade policy