Around 84% of oil passing through the Strait is destined for Asia, leaving the economies of China, India, South Korea and Japan vulnerable to an Iranian blockade. https://www.japantimes.co.jp/business/2025/06/24/economy/asia-oil-strait-of-hormuz/?utm_medium=Social&utm_source=mastodon #business #economy #straitofhormuz #iran #unitedarabemirates #oman #shipping #trade #middleeast #oil #asia #china #india #southkorea

China has criticized the United States' weekend strike on Iranian nuclear facilities and reiterated that it’s willing to join international efforts to restore peace in the Middle East. https://www.japantimes.co.jp/news/2025/06/23/world/politics/china-iran-beijing-hormuz-trade-route/?utm_medium=Social&utm_source=mastodon #worldnews #politics #iran #middleeast #straitofhormuz #trade #shipping #china #marcorubio #us