{"id":10565,"date":"2026-07-04T16:07:49","date_gmt":"2026-07-04T16:07:49","guid":{"rendered":"https:\/\/www.fintechpulse8.com\/?p=10565"},"modified":"2026-07-04T16:07:49","modified_gmt":"2026-07-04T16:07:49","slug":"irans-envoy-to-china-says-beijing-to-get-hormuz-concessions","status":"publish","type":"post","link":"https:\/\/www.fintechpulse8.com\/?p=10565","title":{"rendered":"Iran\u2019s envoy to China says Beijing to get Hormuz concessions"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/fortune.com\/img-assets\/wp-content\/uploads\/2026\/07\/GettyImages-2282087509-e1783177380852.jpg?w=2048\" \/><\/p>\n<p>Iran\u2019s ambassador to Beijing said China and other friendly nations will be granted \u201cspecial considerations\u201d when Tehran determines the level and nature of service fees charged to ships using the Strait of Hormuz.\u00a0<\/p>\n<div>\n<p class=\"wp-block-paragraph\">Abdolreza Rahmani Fazli said the critical waterway for energy supplies is now a matter of \u201cnational security\u201d in the aftermath of the four-month US and Israeli war on the Islamic Republic. As such, \u201cthere will be new arrangements concerning the Strait of Hormuz with the collaboration and cooperation of the state of Oman,\u201d he said.<\/p>\n<p class=\"wp-block-paragraph\">\u201cWe will definitely have special considerations for China, because China is a friendly country,\u201d Fazli said Saturday at the World Peace Forum in Beijing, without specifying what those concessions would entail. \u201cSpecial treatment we should award to countries which are friendly to us.\u201d<\/p>\n<p class=\"wp-block-paragraph\">The future management of the Strait of Hormuz is among several contentious issues being discussed as part of negotiations to secure a permanent end to the conflict. Iran effectively closed the strait when the US and Israel began airstrikes in late February, with traffic only recently picking up following an interim peace deal signed last month.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">At least eight ships attempting to leave the Persian Gulf along the Omani coast\u00a0turned backbetween Friday and Saturday, in the latest sign that reopening the strait remains fraught with complexity.<\/p>\n<p class=\"wp-block-paragraph\">The US and Gulf Arab countries insist Iran and Oman cannot impose charges of any kind for the waterway. But some European nations now accept that ships transiting the chokepoint will have to pay some sort of fee, people familiar with the matter said on Thursday. They have pressed Iranian and Omani officials not to discriminate against ships based on their nationality, the people said.<\/p>\n<p class=\"wp-block-paragraph\">Read More:\u00a0European Nations Now Believe Some Hormuz Fees Are Inevitable<\/p>\n<p class=\"wp-block-paragraph\">China, which buys almost all of Iran\u2019s oil exports, on Friday\u00a0called for\u00a0the unhindered flow of shipping through the Strait of Hormuz. That would be in the \u201cinterests of all parties,\u201d Foreign Ministry spokesman Guo Jiakun said.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">About a fifth of the world\u2019s oil and liquefied natural gas supplies flowed through the strait before the conflict.<\/p>\n<p class=\"wp-block-paragraph\">Iran\u2019s ambassador to China said fees would be levied to guarantee the safe passage of ships through the strait, while also dealing with the cost of environmental consequences. Enforcement \u201cwill not go against the international laws of the sea,\u201d Fazli said.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">China has kept to the sidelines of the Iran war, calling for restraint while offering some diplomatic support mainly through its ally, Pakistan. It\u2019s seeking to protect shipping in the Gulf and prevent further energy supply disruptions, which could strain its domestic economy.<\/p>\n<p class=\"wp-block-paragraph\">Read More:\u00a0Why China\u2019s Support for Iran Has Limits: Explainer<\/p>\n<p class=\"wp-block-paragraph\">Still, China has cast itself as a stabilizing force while questioning US primacy in the Middle East and reliability more broadly.\u00a0<\/p>\n<\/div>\n<p>#Irans #envoy #China #Beijing #Hormuz #concessions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Iran\u2019s ambassador to Beijing said China and other friendly nations will be granted \u201cspecial considerations\u201d when Tehran determines the level and nature of service fees charged to ships using the&hellip; <\/p>\n","protected":false},"author":1,"featured_media":10566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[407,173,12353,12352,640,1397,280],"class_list":["post-10565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","tag-beijing","tag-china","tag-concessions","tag-envoy","tag-hormuz","tag-irans","tag-oil"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/10565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10565"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/10565\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/10566"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}