What do you think happens when China starts increasing prices on goods sold worldwide, due to oil shortages?
Global supply chain impacts have global ramifications.
Both China [0] and India [1] are getting safe passage via the Straits of Hormuz from Iran.
Additionally, Russia is redirecting LNG from Europe (the ongoing Hungary-Ukraine spat) to Asia [2].
[0] - https://www.reuters.com/business/energy/china-talks-with-ira...
[1] - https://www.reuters.com/world/india/iran-allow-india-flagged...
[2] - https://interfax.com/newsroom/top-stories/116517/
Both China [0] and India [1] are getting safe passage via the Straits of Hormuz from Iran.
Additionally, Russia is redirecting LNG from Europe (the ongoing Hungary-Ukraine spat) to Asia [2].
[0] - https://www.reuters.com/business/energy/china-talks-with-ira...
[1] - https://www.reuters.com/world/india/iran-allow-india-flagged...
[2] - https://interfax.com/newsroom/top-stories/116517/