China Criticizes US Sanctions Linked to Iran
China's Ministry of Foreign Affairs spokesperson Lin Jian stated that China is concerned about a shooting incident and consistently opposes and condemns illegal violent acts. China's Central People's Radio reported that the US recently announced sanctions against a Chinese company, citing alleged ties to Iran. China believes Iran might use toll collection as a bargaining chip with the US, making the implementation and extent of these sanctions uncertain. Global crude oil supply is tight due to continued disruptions in the Strait of Hormuz, leading to a sharp increase in international oil prices, with New York oil prices rising 12.58% last week.
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