China-Iran Breaks Down! Iran Intercepts 66 Chinese Tankers, Stranded in the Persian Gulf (opens in new tab)

The situation in the Middle East has become deadlocked, and the risk of passing through the Strait of Hormuz, a global trade route, has escalated. As goods can't be safely exported, China's export chain has suffered a devastating blow. According to vessel tracking websites, two container ships flying the Hong Kong flag, the "COSCO Indian Ocean" and the "COSCO Arctic Ocean," tried to pass through the Strait of Hormuz in the early morning of March 27. However, they suddenly turned around near t...