The U.S. Naval Blockade Cannot End the Strait of Hormuz Crisis — China Buys 90% of Iran's Oil and Has Not Pulled Back

Since the February 28th strikes on Iran, traffic through the Strait of Hormuz has fallen to roughly 5% of pre-war levels, removing approximately 20 million barrels per day from global markets. The world is burning through strategic reserves, and most analysis focuses on pressuring Iran to back down. However, China, which buys 90% of Iran's oil, holds the key to reopening the Strait, leveraging alternative supply routes and strategic reserves.