Indonesian Political, Business & Finance News

China responds to Strait of Hormuz closure, denies missile sales to Iran

| Source: ANTARA_ID Translated from Indonesian | Politics

Beijing - The Chinese Government has responded to the closure of the Strait of Hormuz by Iran’s Revolutionary Guards following attacks by the United States and Israel against the country.

“The Strait of Hormuz and its surrounding waters constitute an important international trade route for goods and energy,” said Chinese Foreign Ministry spokesman Mao Ning during a press conference in Beijing on Monday, 2 March.

He added that China “urges all relevant parties to immediately cease military operations, avoid escalation, and prevent greater impact on global economic growth.”

Mao emphasised that regional security and stability are of common interest to the international community.

He also stated that US-Israeli attacks against Iran lack authorisation from the UN Security Council and violate international law.

“China is deeply concerned about the spreading impact in the region. The sovereignty, security, and territorial integrity of Gulf nations must be fully respected. We urge all parties to cease military operations and prevent the spread of conflict,” Mao said.

China supports regional nations in strengthening communication and coordination to maintain peace and stability, he added.

He emphasised that China opposes the use of force in international relations and violations of other nations’ sovereignty and security.

Regarding reports of Iran’s purchase of Chinese CM-302 supersonic anti-ship missiles, Mao denied the claims.

“This reporting is incorrect. China always complies with its international obligations and opposes the spread of misinformation,” he said.

Iran closed the Strait of Hormuz following attacks by the US and Israel on Saturday, 28 February. The move is expected to disrupt global shipping and energy trade.

Several companies have cancelled shipments of crude oil, fuel, and liquefied natural gas. Vessels have been reported to be accumulating near Fujairah Port in the United Arab Emirates.

The Strait of Hormuz, located between Oman and Iran, is a vital route for global energy markets. Approximately 20 per cent of global crude oil consumption passes through the strait.

Since the closure, crude oil prices in Asian markets have risen approximately 13 per cent to 80 US dollars per barrel and could potentially reach 100 US dollars per barrel if the closure persists for an extended period.

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