Mar 1 • 05:48 UTC 🇰🇷 Korea Hankyoreh (KR)

China in 'cautious mode' regarding Iran attack... 'Respect Iran's sovereignty and prevent escalating tensions'

Following attacks on Iran by the US and Israel, China calls for the respect of Iran's sovereignty and urges military action to cease in order to maintain peace in the Middle East.

In response to the recent attacks on Iran by the United States and Israel, China has taken a cautious stance, emphasizing the need to respect Iran's sovereignty and calling for an immediate cessation of military actions. A spokesperson for China's Foreign Ministry stated that the integrity and safety of Iran's sovereignty should be upheld, urging for dialogue and negotiation to preserve peace and stability in the region. This approach comes as relations between China and the United States are being closely monitored, especially with a scheduled meeting between Chinese President Xi Jinping and US President Donald Trump at the end of the month looming over the international stage.

The geopolitical implications of these events are significant for China, particularly in terms of energy supply and economic relations with Iran. As the world's largest importer of crude oil, China has a vital interest in Iranian oil, with estimates indicating that about 1.38 million barrels of Iranian oil are imported daily. This accounts for approximately 13.4% of China's total maritime oil imports. However, the recent military actions threaten to disrupt this crucial supply line, prompting concerns that the sanctions imposed on Iran by the West may eliminate the previously enjoyed discounts for Chinese refiners.

Experts warn that the ongoing conflict could lead to a rise in production costs within China, as domestic refiners may find themselves pushed towards more expensive Middle Eastern oil, which would strain profit margins. Additionally, any blockage or disruption in the Strait of Hormuz—a critical passage for one-third of China's imported crude oil—could trigger a significant shock to China's energy supply chain. In light of these uncertainties, China's strategic response and its management of relations with both Iran and the US will be critical in the coming weeks.

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