{"id":53965,"date":"2026-05-16T13:23:08","date_gmt":"2026-05-16T13:23:08","guid":{"rendered":"https:\/\/thenftimes.com\/?p=53965"},"modified":"2026-05-16T13:23:08","modified_gmt":"2026-05-16T13:23:08","slug":"iran-us-tensions-impose-rising-economic-costs-on-china-report","status":"publish","type":"post","link":"https:\/\/thenftimes.com\/index.php\/2026\/05\/16\/iran-us-tensions-impose-rising-economic-costs-on-china-report\/","title":{"rendered":"Iran-US Tensions Impose Rising Economic Costs On China: Report"},"content":{"rendered":"<p><strong>New Delhi:<\/strong>\u00a0The ongoing US-Iran tensions are imposing rising economic costs on China, exposing Beijing to mounting risks across energy supplies, trade flows and regional investments amid the escalating Gulf crisis, a report has said.<\/p>\n<p>The report by Iran International showed that China has expressed growing concern over disruptions to the Strait of Hormuz, a critical energy corridor through which nearly 45 per cent of its oil imports flow, even as it continues to maintain diplomatic support for Iran at the United Nations.<\/p>\n<p>The ongoing instability has driven sharp volatility in global oil markets, with Brent crude trading above $100 per barrel at various points during the crisis, pushing up import costs and inflationary pressures in China\u2019s domestic economy, it said.<\/p>\n<p>Moreover, China cut oil imports by around 20 per cent in April and raised domestic fuel prices, as elevated global crude prices fed through to producer and consumer inflation.<\/p>\n<p>The report highlighted that China\u2019s producer prices surged to a 45-month high in April, while consumer inflation also accelerated, reflecting broader cost pressures from energy and supply chain disruptions linked to the Gulf conflict.<\/p>\n<p>Meanwhile, trade flows have also been hit.<\/p>\n<p>Chinese exports to Persian Gulf countries plunged sharply, falling to about $5.7 billion in March from $13.2 billion in the previous month, a decline of nearly 57 per cent, the report said.<\/p>\n<p>It further outlined that beyond trade and energy, China\u2019s wider regional exposure is also under strain.<\/p>\n<p>In addition, Chinese firms have invested tens of billions of dollars in Middle East projects, but escalating conflict and attacks in the region have increased uncertainty over project execution and returns.<\/p>\n<p>China \u2014 which remains Iran\u2019s largest non-oil trading partner and a major buyer of Iranian crude \u2014 has also reportedly reduced imports of Iranian oil in recent months, even as it continues to oppose Western-backed UN measures against Tehran.<\/p>\n<p>The report noted that Beijing now faces a difficult balancing act, managing its strategic partnership with Iran while absorbing the economic fallout of prolonged instability in a region central to its energy security and trade ambitions.<\/p>\n<p>(IANS)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi:\u00a0The ongoing US-Iran tensions are imposing rising economic costs on China, exposing Beijing to mounting risks across energy supplies, trade flows and regional investments amid the escalating Gulf crisis, a report has said. The report by Iran International showed that China has expressed growing concern over disruptions to the Strait of Hormuz, a critical [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":53966,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23],"tags":[],"class_list":["post-53965","post","type-post","status-publish","format-standard","has-post-thumbnail","category-world"],"jetpack_featured_media_url":"https:\/\/thenftimes.com\/wp-content\/uploads\/2026\/05\/New-Project-30-2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/53965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/comments?post=53965"}],"version-history":[{"count":1,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/53965\/revisions"}],"predecessor-version":[{"id":53967,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/posts\/53965\/revisions\/53967"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media\/53966"}],"wp:attachment":[{"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/media?parent=53965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/categories?post=53965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thenftimes.com\/index.php\/wp-json\/wp\/v2\/tags?post=53965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}