Will Xi Jinping help reopen the Strait of Hormuz❓The NYT reports surprising details about the Saudi and UAE attacks on Iran

The covert strikes by Saudi Arabia and the UAE on Iranian territory represent a shift in the regional balance of power and China's willingness to help keep the Strait of Hormuz open. This has implications for the global energy market, potentially leading to higher oil prices. The market is continuing its upward trend driven by hopes of de-escalation and the reopening of a key oil route.