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IRAN’S newly installed supreme leader, Mojtaba Khamenei, said the closure of the Strait of Hormuz should be maintained as a strategic lever against adversaries, marking his first public comments since assuming the country’s top leadership role. In televised remarks broadcast by Iranian state media on Thursday, Khamenei said the waterway, a critical global energy shipping […]
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CHINA has halted exports of refined fuel as the worsening crisis around the Strait of Hormuz disrupts global oil flows and raises concerns over domestic energy security. Sources familiar with the matter told Reuters that the suspension covers gasoline, diesel, and jet fuel shipments that had not cleared customs as of March 11. The restrictions […]