China Calls for Hormuz Reopening
Analysis based on 6 articles · First reported May 15, 2026 · Last updated May 15, 2026
The closure of the Strait of Hormuz by Iran has significantly rattled global markets, particularly affecting oil and liquefied natural gas shipments. Discussions between China and the United States, with China calling for reopening the Strait, could alleviate some market uncertainty if a resolution is reached.
China has called for a lasting truce in the Middle East and the reopening of shipping lanes in the Strait of Hormuz, which has been largely blocked by Iran since a conflict broke out with the United States and Israel on February 28. The United States has also blockaded Tehran's ports. This situation has given Iran significant leverage and rattled global markets, impacting a fifth of global oil and liquefied natural gas shipments. US President Donald Trump discussed the Iran situation with Chinese leader Xi Jinping during a summit in Beijing, where Xi Jinping assured Trump that China would not provide military aid to Iran and expressed a desire for the Strait of Hormuz to reopen. Iran's Revolutionary Guards also reported allowing some Chinese ships to pass through the Strait.
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