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The Economic Times

Top News / The Economic Times

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The Hormuz blockade is as much about China as Iran

The US plans to block Iranian oil exports to pressure Tehran and indirectly target China, its main buyer. While Iran has earned higher revenues during the conflict, a blockade could hurt its economy. However, past sanctions failed to change Irans stance, and China may rely on reserves, limiting US leverage.

14 Apr 2026 8:56 am