A U.S. naval blockade of Iranian ports has severely curtailed Tehran’s oil exports, leaving an estimated 69 million barrels of crude stranded on 41 tankers as domestic storage capacity reaches its limits.
China’s Foreign Minister Wang Yi has pledged to deepen cooperation with the United Arab Emirates in oil and gas, investment and infrastructure, as Beijing seeks to strengthen strategic ties with key Middle Eastern partners.
13 Dec 2025-10:30
