US EditionChina Fears for Key Shipping Trade Routes From Persian Gulf, Calls for Prevention of Instability in Region
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The relevant departments of the Ministry of Shipping are on heightened alert, fearing a further escalation of tension in the Red Sea and the possible closure of the strategically important Strait of Hormuz. According to shipping ministry sources at APE-MPE, there are currently around 200 Greek vessels of Greek interests in the wider Persian Gulf and Gulf of Oman region, with Greece maintaining a strong presence in the region's maritime trade rou…
China on Monday called on the international community to work to de-escalate the Iran crisis, given the risk of blocking the Strait of Hormuz, which is crucial for oil and gas supplies from the Persian Gulf, the DPA agency reports. Chinese Foreign Ministry spokesman Guo Jiakun said that Beijing also calls on the international community to prevent instability in the region from spilling over into the global economy. The price of gold is rising a…
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