Iran Threatens Tolls in Strait of Hormuz as Trump Warns of ‘Very Bad Time’ in Escalating Crisis

Iran to soon unveil mechanism to manage traffic in Hormuz Strait along designated route — senior Iranian lawmaker

During the discussions, Sihasak expressed concern over the escalating Middle East conflict and its global economic impact, particularly navigation restrictions affecting the Strait of Hormuz, where vessels from several countries remain stranded.

But China also has its own reasons for wanting to keep the strait open—for supplies of oil and gas.

Some of these companies have invested in the cables running through the Strait of Hormuz and the Persian Gulf, but it’s unclear if those cables traverse Iranian waters.