BEIJING – When the US-Israel-Iran war that started in February triggered a near-total shutdown of shipping through the Strait of Hormuz, China – the world’s largest crude importer – credited years of planning for the limited impact on its energy security. In March, Chinese social media account Yuyuan Tantian said that China now sources crude oil from 49 countries, with “highly diversified” energy transport corridors, including those that go through Russia, Kazakhstan and Myanmar. “(Countries) who control more flexible transport routes are better positioned to hedge against the vulnerabilities of specific geographic choke points,” noted Yuyuan Tantian, which is an…
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