China has been given record sums to renewable energy projects and is now far less reliant on oil from Iran than just a couple of years ago while Iran can also reckon with help from other sources for whatever income its looses from the oil sales.
The real loosers of the Hormuz blockade are not Iran, China or Russia but the US, UK, Europe, Japan.
In two time, when the US is shattered, UK devastated, Europe is a ruin, there may not be many people around to say I was right again.China really is going to buy up everything.
https://www.derstandard.de/story/3000000224475/china-finanziert-die-gr252ne-wende
https://www.washingtonpost.com/business/2026/04/13/iran-middle-east-war-energy-asia-china/47ec79c0-36f9-11f1-90c4-9772c7fabc03_story.html
https://www.derstandard.at/story/3000000306905/china-streicht-e-auto-foerderungen-autobranche-soll-auf-eigenen-beinen-stehen
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