🇺🇸🇨🇳 US calls on China to stop Iran from closing Strait of Hormuz and disrupting global oil flows.

The US has indeed called on China to urge Iran not to close the Strait of Hormuz, a vital waterway for global oil flows.

Why the Strait of Hormuz matters: The strait is a critical passage for international oil trade, with around 20% of the world's petroleum liquids consumption passing through it daily. Any disruption would significantly impact global energy prices and economies.

US Secretary of State Marco Rubio expressed concerns that Iran's potential closure of the strait would be "economic suicide" for them and have far-reaching consequences for the global economy. He urged China, Iran's largest oil customer, to use its influence to dissuade Iran from taking such action.

As Iran's largest trading partner and oil customer, China has significant leverage over Iran's economy. The US is counting on China to bring its economic weight to bear on Iran to prevent a disruption to oil flows.

Closing the strait would not only harm Iran's economy but also have a significant impact on global oil prices, potentially exceeding $100 per barrel. This could lead to increased inflation, economic instability, and even a global economic downturn.

Iran's parliament has approved a measure to close the Strait of Hormuz in response to US strikes on its nuclear sites. However, experts believe that Iran may not actually follow through on this threat, as it would ultimately harm its own economy.

The international community, including the US and China, is working to prevent a disruption to oil flows and maintain stability in the region. Diplomatic efforts are underway to de-escalate tensions and avoid a wider conflict.#IsraelIranConflict $BTC