Kathmandu. US President Donald Trump is in no mood to lift the blockade on the Strait of Hormuz. Trump believes sanctions are the most powerful weapon of pressure on Iran. As a result, Iran is preparing to supply oil to China through other options. <\/p>\n
Trump has also rejected Iran’s offer to open the Strait of Hormuz without a nuclear deal. The closure of Hormuz is affecting the whole world. Due to this tension, the price of crude oil in the world market has reached more than $ 110 per barrel. <\/p>\n
China imports about a third of its oil needs from the Strait of Hormuz. The sanctions are affecting imports and exports between China and Iran. As a result, this blockade can also affect Trump’s visit to China. <\/p>\n
According to the Fars news agency, the Iranian shipping association said that the alternative trade routes being explored were insufficient. Iran is making every effort to send oil to China by rail and bring food supplies by road from Pakistan and the Caucasus. <\/p>\n
Statistics, however, show that only 40 percent of trade can be diverted on these routes. That’s not enough to save the economy. <\/p>\n
US President Donald Trump’s military sanctions on Iran are now a major challenge to his visit to China. According to a report in the New York Times, Trump’s meeting with President Xi Jinping could include a detailed discussion of the economic consequences of the war. This diplomatic visit is considered important for China from the point of view of energy security. <\/p>\n
President Xi Jinping has called for the Strait of Hormuz to be reopened to normal traffic immediately. According to him, the growing global economic risks can no longer be ignored. <\/p>\n
Experts such as David Des Roches argue that control does not necessarily mean control. As the deadline for U.S. war power approaches, Trump is facing mounting domestic political pressure over military options and soaring oil prices. All eyes are now on visiting China. This has become an important link in resolving this conflict. \u2013Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
Kathmandu. US President Donald Trump is in no mood to lift the blockade on the Strait of Hormuz. Trump believes sanctions are the most powerful weapon of pressure on Iran. As a result, Iran is preparing to supply oil to China through other options. Trump has also rejected Iran’s offer to open the Strait of […]<\/p>\n","protected":false},"author":16,"featured_media":297465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45044,45159],"tags":[],"class_list":["post-297470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/297470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=297470"}],"version-history":[{"count":1,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/297470\/revisions"}],"predecessor-version":[{"id":297471,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/297470\/revisions\/297471"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/297465"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=297470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=297470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=297470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}