No Result
View All Result
  • Login
Saturday, August 15, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

Iran’s envoy to China says Beijing to get Hormuz concessions

by theadvisertimes.com
1 month ago
in Business
Reading Time: 2 mins read
A A
0
Iran’s envoy to China says Beijing to get Hormuz concessions
Share on FacebookShare on TwitterShare on LInkedIn



Iran’s ambassador to Beijing said China and other friendly nations will be granted “special considerations” when Tehran determines the level and nature of service fees charged to ships using the Strait of Hormuz. 

Abdolreza Rahmani Fazli said the critical waterway for energy supplies is now a matter of “national security” in the aftermath of the four-month US and Israeli war on the Islamic Republic. As such, “there will be new arrangements concerning the Strait of Hormuz with the collaboration and cooperation of the state of Oman,” he said.

“We will definitely have special considerations for China, because China is a friendly country,” Fazli said Saturday at the World Peace Forum in Beijing, without specifying what those concessions would entail. “Special treatment we should award to countries which are friendly to us.”

The future management of the Strait of Hormuz is among several contentious issues being discussed as part of negotiations to secure a permanent end to the conflict. Iran effectively closed the strait when the US and Israel began airstrikes in late February, with traffic only recently picking up following an interim peace deal signed last month. 

At least eight ships attempting to leave the Persian Gulf along the Omani coast turned backbetween Friday and Saturday, in the latest sign that reopening the strait remains fraught with complexity.

The US and Gulf Arab countries insist Iran and Oman cannot impose charges of any kind for the waterway. But some European nations now accept that ships transiting the chokepoint will have to pay some sort of fee, people familiar with the matter said on Thursday. They have pressed Iranian and Omani officials not to discriminate against ships based on their nationality, the people said.

Read More: European Nations Now Believe Some Hormuz Fees Are Inevitable

China, which buys almost all of Iran’s oil exports, on Friday called for the unhindered flow of shipping through the Strait of Hormuz. That would be in the “interests of all parties,” Foreign Ministry spokesman Guo Jiakun said. 

About a fifth of the world’s oil and liquefied natural gas supplies flowed through the strait before the conflict.

Iran’s ambassador to China said fees would be levied to guarantee the safe passage of ships through the strait, while also dealing with the cost of environmental consequences. Enforcement “will not go against the international laws of the sea,” Fazli said. 

China has kept to the sidelines of the Iran war, calling for restraint while offering some diplomatic support mainly through its ally, Pakistan. It’s seeking to protect shipping in the Gulf and prevent further energy supply disruptions, which could strain its domestic economy.

Read More: Why China’s Support for Iran Has Limits: Explainer

Still, China has cast itself as a stabilizing force while questioning US primacy in the Middle East and reliability more broadly. 



Source link

Tags: BeijingChinaConcessionsenvoyHormuzIrans
ShareTweetShare
Previous Post

NVIDIA (NVDA): Droht jetzt der Crash oder kommt das Mega-Kaufsignal?

Next Post

Nearly a Third of Americans Want to Live to 100—What Drives the Desire for Extreme Longevity?

Related Posts

Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

by theadvisertimes.com
August 8, 2026
0

According to average rates from the Zillow lender marketplace, mortgage rates are mixed heading into the weekend compared to Friday....

CEO of the world’s largest workspace provider says commuting will be extinct by 2040

CEO of the world’s largest workspace provider says commuting will be extinct by 2040

by theadvisertimes.com
August 8, 2026
0

Return-to-office mandates are just a blip; Setting your alarm before sunrise and standing shoulder-to-shoulder on a packed train, just to...

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

by theadvisertimes.com
August 8, 2026
0

The Indian stock markets closed in the red, with the newly-launched closing auction session continuing to create a divergence among...

Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

by theadvisertimes.com
August 8, 2026
0

India’s financial stocks are entering a more selective phase, where the strength of a lender’s deposit franchise, underwriting discipline and...

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

by theadvisertimes.com
August 7, 2026
0

The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the...

Ondo Perps hits  billion in volume weeks after launch

Ondo Perps hits $7 billion in volume weeks after launch

by theadvisertimes.com
August 7, 2026
0

Ondo Finance's derivatives platform has raced past $7 billion in cumulative trading volume, according to data from analytics site DefiLlama,...

Next Post
Nearly a Third of Americans Want to Live to 100—What Drives the Desire for Extreme Longevity?

Nearly a Third of Americans Want to Live to 100—What Drives the Desire for Extreme Longevity?

Will The USA Split In Two Thanks To The LEFT?

Will The USA Split In Two Thanks To The LEFT?

  • Trending
  • Comments
  • Latest
SEC pushes private market access, but retail is already in

SEC pushes private market access, but retail is already in

July 16, 2026
The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 6/22/26 – AlleyWatch

June 21, 2026
Biggerpockets Pro Members Can Now Turn Home Equity Into a Flexible Line of Credit With Aven

Biggerpockets Pro Members Can Now Turn Home Equity Into a Flexible Line of Credit With Aven

August 3, 2026
The Weekly Notable Startup Funding Report: 7/20/26 – AlleyWatch

The Weekly Notable Startup Funding Report: 7/20/26 – AlleyWatch

July 20, 2026
The 19 Largest Global Startup Funding Rounds of June 2026 – AlleyWatch

The 19 Largest Global Startup Funding Rounds of June 2026 – AlleyWatch

July 27, 2026
Managed accounts ramping up tax alpha services: Cerulli

Managed accounts ramping up tax alpha services: Cerulli

July 20, 2026
XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

0
Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

0
Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

0
The Unwinnable Iran War | Armstrong Economics

The Unwinnable Iran War | Armstrong Economics

0
Bezeq declares NIS 515m dividend

Bezeq declares NIS 515m dividend

0
AI Will Clarify What Asset Managers Are Paid For

AI Will Clarify What Asset Managers Are Paid For

0
XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

August 8, 2026
Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

August 8, 2026
Bitcoin outlook: ,000 or ,000 this weekend

Bitcoin outlook: $70,000 or $60,000 this weekend

August 8, 2026
Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

August 8, 2026
CEO of the world’s largest workspace provider says commuting will be extinct by 2040

CEO of the world’s largest workspace provider says commuting will be extinct by 2040

August 8, 2026
F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

August 8, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push
  • Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak
  • Bitcoin outlook: $70,000 or $60,000 this weekend
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.