Bond.az White LogoBond.az Black Logo

China wants Strait of Hormuz open without restrictions

China wants Strait of Hormuz open without restrictions or tolls, USTR Greer says after U.S.-China summit.

Jack Scott
ByJack Scott- Senior Editor
|
0

Chinese officials have made clear that they want the Strait of Hormuz to remain open without restrictions or tolls, according to U.S. Trade Representative Jamieson Greer.

Greer told Bloomberg television that “it’s really important for China to have the Strait of Hormuz open, no tolling, no military control. So we welcome that.”

He added: “With respect to Chinese involvement with Iran, our view is the Chinese are being very pragmatic. They want to see peace in that area.”

More News
2026-06-01 00:00
|
385

Oil Prices Rise 2% as Israel Escalates Lebanon Incursion

Oil prices rise over 2% as Israel escalates military incursion into Lebanon, raising supply concerns. WTI at $89.53, Brent at $93.05.

0
2026-05-31 11:00
|
201

EU May Freeze Russian Oil Price Cap Amid Mideast Conflict

The European Union may freeze its price cap on Russian oil due to the Middle East conflict. The current cap is $44.10 per barrel, with alternatives including a $60 G7-aligned limit.

0
2026-05-30 20:00
|
335

US strikes engine of ship violating Iran blockade

U.S. Central Command fired a Hellfire missile into the engine room of a vessel violating the Iran blockade.

0
2026-05-30 13:31
|
860

WHO chief urges community role in Congo Ebola fight

WHO chief Tedros calls on communities to lead Ebola response in Congo, urges more international funding.

0
2026-05-29 23:31
|
388

Flesh-Eating Fly Found 31 Miles from US Border

Flesh-eating screwworm found 31 miles from US border. USDA warns of $1.8 billion damage risk to Texas economy.

0
2026-05-29 16:30
|
301

Putin: Too Early to Judge Drone Incident

Putin questions origin of drone that fell in Romania, suggests it might be Ukrainian; NATO warns of defending every inch of allied territory.

0
2026-05-29 13:30
|
678

Gold's weakness: Buying opportunity?

Gold's recent weakness may present a buying opportunity. Yardeni Research expects support levels to hold.

0
2026-05-29 10:02
|
468

US-Iran War: How Close to an End?

US and Iran close to a deal on ceasefire, Hormuz strait, nuclear program, sanctions. Read the latest on Bond.az.

0
2026-05-29 04:30
|
755

Oil Prices Drop Over 1% on US-Iran Ceasefire Reports

Oil prices fell over 1% on Friday amid reports of a potential US-Iran ceasefire deal. Brent crude dropped to $92.67, WTI to $87.64. Traders eye Strait of Hormuz reopening.

0
2026-05-29 04:01
|
487

Gold Steadies on Iran-US Talks, Inflation Concerns

Gold steadies as US-Iran ceasefire talks progress and inflation worries persist. Get the latest market analysis on Bond.az.

0
2026-05-29 03:32
|
710

Russian drone hits block of flats in Galati, two injured

A Russian drone struck a residential building in Galati, Romania, injuring two people during an attack on Ukraine.

0
2026-05-29 03:31
|
961

Illegal miners extract billions in Amazon gold

Greenpeace study reveals billions in illegal Amazon gold mining despite Brazil crackdown, with ghost permits enabling fraud.

0
...