China chides Iran over threat to block oil exports through Strait of Hormuz

The Strait of Hormuz plays a key role. (Reuters)
Updated 07 July 2018
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China chides Iran over threat to block oil exports through Strait of Hormuz

  • Saudi Arabia, Iraq and Kuwait are among China’s most important oil suppliers, so any blockage of the strait would have serious consequences for its economy

BEIJING: Iran should make more effort to ensure stability in the Middle East and get along with its neighbors, a senior Chinese diplomat said on Friday, as Iran’s Revolutionary Guards warned they may block oil shipments through the Strait of Hormuz.

Saudi Arabia, Iraq and Kuwait are among China’s most important oil suppliers, so any blockage of the strait would have serious consequences for its economy.

Iranian President Hassan Rouhani and some senior military commanders have threatened to disrupt oil shipments from the Gulf countries if Washington tries to strangle Tehran’s oil exports.

Carrying one-third of the world’s seaborne oil every day, the Strait of Hormuz links Middle East crude producers to key markets in Asia Pacific, Europe, North America and beyond.

Asked about the Iranian threat to the strait, Chinese Assistant Foreign Minister Chen Xiaodong said that China and Arab countries had close communications about Middle East peace, including the Iran issue.

“China consistently believes that the relevant country should do more to benefit peace and stability in the region, and jointly protect peace and stability there,” Chen told a news briefing, ahead of a major summit between China and Arab states in Beijing next week.

“Especially as it is a country on the Gulf, it should dedicate itself to being a good neighbor and coexisting peacefully,” he added. “China will continue to play our positive, constructive role.”

Ministers from 21 Arab countries are attending the summit. Chinese President Xi Jinping will give the opening address on Tuesday.

Meanwhile, the Netherlands has expelled two Iranian embassy staff, the Dutch Intelligence service AIVD said on Friday. “We can confirm that the Netherlands has expelled two persons accredited to the Iranian embassy,” a spokesperson for Dutch intelligence said. “We will not provide any further information.”


Syrian businessman linked to Assad arrested in Kuwait

Mazen Al-Tarazi has been living in Kuwait for a long while. (AFP/File)
Updated 19 March 2019
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Syrian businessman linked to Assad arrested in Kuwait

  • The businessman has a publishing and advertising company in Kuwait
  • He is blacklisted in the EU

KUWAIT CITY: A prominent Syrian businessman with close ties to Syrian President Bashar Assad has been arrested in Kuwait, his lawyer said Tuesday.
Mazen Al-Tarazi was arrested late Monday at his offices, his lawyer Badr Al-Yacoub told AFP.
He said that he did not yet know the reasons behind his client’s arrest.
Local authorities did not immediately release the charges against Tarazi.
But Kuwaiti newspaper Al-Qabas, citing unnamed informed sources, reported that the businessman is accused of money laundering and printing texts without authorization.
A longtime resident of Kuwait, Tarazi owns a publishing and advertising firm in partnership with a high-profile local businessman, Ahmad Al-Jarallah.
Jarallah confirmed to AFP that police had raided his offices on Monday night and arrested Tarazi’s secretary and two Al-Hadaf magazine employees.
Tarazi is on an EU blacklist of Syrian nationals who have been banned from entry to European states and whose assets have been frozen over their role in the Syria war.