Updated
Updated · Bloomberg · May 7
Steve Daines thanks China over Iran efforts and urges Boeing deal
Updated
Updated · Bloomberg · May 7

Steve Daines thanks China over Iran efforts and urges Boeing deal

10 articles · Updated · Bloomberg · May 7
  • In Beijing on Thursday, Daines told Foreign Minister Wang Yi he appreciated China's meeting a day earlier with Iran's foreign minister on reopening the Strait of Hormuz.
  • His remarks come as Washington seeks an off-ramp from a nine-week war that has disrupted shipping through the strait and roiled global energy markets.
  • The comments signal US interest in Chinese help to ease the crisis while also pressing for progress on commercial ties through a Boeing agreement.
Can a massive Boeing jet deal with China truly guarantee peace in the world's most vital oil waterway?
With China now brokering Middle East peace, is a new global power structure quietly emerging?
The Strait may reopen, but when will global supply chains for food and electronics actually recover from the crisis?