5 hours agoTrump Secretary: China will influence Iran to open Hormuz Strait
Periskopi(2 months ago)
(2 months ago)US Treasury Secretary Scott Bessent said today he believes China will use its influence over Iran to help reopen Hormuz's traffic Strait, CNBC reports.
It is in their great interest to reopen the” strait, Bessent told CNBC.
“I believe they will act behind the scenes, given that they have the greatest influence on Iranian leadership. ”
China is the largest importer in the world of crude oil and, according to the American Energy Information Administration, in 2024, about 10% of imports came from Iran, while more than half came from the Middle East.
The minister noted that almost all Iran's crude oil exports go to China. “Kina has a much greater interest in reopening the strait than the United States”, Bessent added.
