Amid escalating Middle East tensions following US airstrikes on Iran, the United States has formally requested China to use its influence to prevent Iran from shutting down the Strait of Hormuz — a critical maritime route for global oil shipments. The move signals Washington’s efforts to maintain global energy stability and avoid a potential oil crisis.
Rising tensions between Israel and Iran have intensified investor caution as markets weigh the risk of armed escalation. With crude oil prices already up nearly 20% this month and the Strait of Hormuz at the center of supply concerns, analysts warn of inflationary aftershocks and disrupted global trade if conflict erupts.
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