G20 Finance Chiefs Demand Safe Passage Through Strait of Hormuz

Finance ministers from the world’s largest economies have called for free and safe navigation through the Strait of Hormuz, a critical waterway for global oil shipments. The demand came despite opposition from China, which objected to the specific clause during talks hosted by the United States. The ministers’ statement underscores growing international concern over the security of the strait, through which a significant portion of the world’s crude oil passes. No further details on the objections or the next steps were provided.