Last mentioned: Mar 23, 2026
The U.S. dollar is rebounding as escalating retaliatory threats between the U.S. and Iran drive investors toward safe-haven assets. With potential strikes on energy infrastructure and the closure of the Strait of Hormuz, market sentiment has shifted sharply toward risk aversion.
Despite escalating military conflict involving the U.S. and Israel, Iran continues to export millions of barrels of crude oil to China through the Strait of Hormuz. This persistent trade highlights China's strategic reliance on Iranian energy and Iran's ability to navigate a waterway that has become increasingly hazardous for global shipping.
Despite an escalating conflict involving the U.S. and Israel, Iran continues to export millions of barrels of crude oil to China through the Strait of Hormuz. This persistent trade flow highlights the resilience of 'dark fleet' logistics and Beijing's strategic commitment to Iranian energy amidst regional instability.