🚨BREAKING: Iran still shipping oil through Hormuz — but only to China
⚡ Iran has reportedly moved 11.7 MILLION barrels of crude oil through the Strait of Hormuz since the conflict began — all shipments reportedly headed to China.
• Tehran is said to be restricting passage to vessels linked to China or neutral countries.
• Ships tied to the U.S., Israel, or Western allies are facing threats and heightened risk in the waterway.
$XRP • The Strait of Hormuz carries roughly 20% of global oil trade, making any selective control highly consequential.
🛢️ The geopolitical logic is clear:
• China is Iran’s largest oil buyer, importing roughly 1.3–1.5M barrels per day of Iranian crude.
• Much of the supply flows to independent Chinese “teapot” refineries, which rely on discounted sanctioned oil.
• These barrels are often sold below global benchmark prices, keeping Chinese energy costs lower.
$ETH 📊 In simple terms:
• Iran needs revenue to sustain its economy and war effort.
• China needs cheap energy to power its industrial base.
$PEPE 🔥 The world’s most critical oil chokepoint is now being selectively controlled — a move that could reshape global energy flows and intensify geopolitical tensions.
#iran #china #Iran'sNewSupremeLeader