Chinese Foreign Minister Wang Yi has expressed deep distress over the two-month conflict between the United States and Iran, calling for a comprehensive ceasefire and a return to dialogue. Wang Yi's comments came after a meeting in Beijing with Iranian Foreign Minister Abbas Araghchi, whose visit marks his first to the Chinese capital since hostilities began on 28 February.
Conflict Disrupts Global Oil Markets
The conflict has seen Iran effectively close the Strait of Hormuz, a vital shipping lane for global oil supplies, causing fuel prices to surge and impacting the global economy. The strait is a critical chokepoint through which about 20% of the world's oil passes. The closure has led to significant volatility in energy markets, with oil prices reaching multi-year highs.
US Pauses Efforts to Guide Ships
US President Donald Trump announced a pause in American efforts to guide stranded commercial vessels out of the Strait of Hormuz, hoping to finalise a deal with Tehran. This pause was made at the request of Pakistan and other countries, including Saudi Arabia, which are mediating peace talks between the US and Iran. The move signals a potential de-escalation after weeks of heightened tensions.
Senator Marco Rubio earlier stated that Iran is holding the 'whole world hostage' in the Strait of Hormuz, as the ceasefire remains at risk. The international community has been closely watching the developments, with many nations urging restraint and diplomatic solutions.
China's intervention marks a significant diplomatic effort to mediate the conflict, as Beijing seeks to protect its energy interests and maintain stability in the region. Wang Yi emphasised the need for all parties to exercise restraint and work towards a peaceful resolution.
