Summary
- "China is highly dependent on oil imports via the Strait of Hormuz, so it would be greatly impacted if Iran were to blockade the strait."
- If Iran blockades the strait with mines, the entire world would be affected, and the effect on the U.S. would be relatively minor.
- The U.S. has options to respond to Iran’s blockade, which could also prompt responses from other countries.
According to CNN on the 22nd (local time), U.S. Secretary of State Marco Rubio appeared that day on CBS 'Face the Nation' and stated, "If Iran blockades the Strait of Hormuz, the country that should be most outraged is China," adding, "because China relies on the strait for a significant portion of its oil imports."
He continued, "If Iran mines and blockades the strait, not only China but the entire world will be seriously affected," and added, "the U.S. will also feel the impact, but compared to other countries, it will be relatively minor."
On the same day in a Fox News interview, Secretary Rubio also said, "Iran closing the Strait of Hormuz would be an act of economic self-harm," and warned, "the U.S. has options to respond to such actions, which could trigger responses not just from the U.S. but also from other nations as well."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
