Summary
Also Read: The Hormuz blockade is as much about China as Iran
A blockade aimed at more than Iran
The blockade is targeted at Iran but that's not its only target. A Bloomberg analysis argues that the move is as much about China as Iran, pointing to China’s continued purchases of Iranian crude despite past US sanctions. "The calculus in Washington appears twofold: First, impose an intolerable economic cost on Iran; second, force China to share some of the pain. If Beijing has more at stake, perhaps it will put pressure on Tehran to negotiate, or so the theory goes," says the Bloomberg analysis.
Trump has already urged China to switch to US oil exports, effectively turning a military move into an economic lever. "China can send their ships to us. China can send their ships to Venezuela," Trump said on Fox's "Sunday Morning Futures". Earlier, on Saturday, he claimed in a social media post that "empty oil carrying ships from many nations are all heading to the United States of America to LOAD UP with Oil."
This dual-track strategy suggests the blockade is not only about coercing Iran back to the negotiating table, but also about reshaping global energy flows in America’s favour. By targeting shipping through Hormuz, the US is exerting pressure on the very arteries that sustain China’s energy security, trying to force China to reconsider its oil import strategy.
Also Read: 'Don't meddle in our affairs': China backs Iran, warns US against interference
China’s oil dependence meets strategic restraint
China’s dependence on Gulf oil is significant enough to unsettle it. It is among the economies most exposed to supply shocks. China’s warning that the blockade of Iranian ports is "dangerous and irresponsible", adding it would only aggravate tensions, indicates a very measured reaction at this stage.
China doesn't seem to be panicking. Bloomberg has reported that China has built up sufficient inventories of Iranian crude, giving it a short-term cushion against disruptions.
As per the Bloomberg report, there are about 38 million barrels of Iranian oil on vessels in Asia, with more than a third of the ships anchored in the Yellow Sea off the Chinese coast, data compiled by Kpler Ltd. shows. Overall crude inventories in Shandong province — home to most of the country’s independent processors known as teapots — have also swelled and are near the highest this year, according to OilChem.
Iranian crude stored at sea provides teapots with about two-and-a-half months of supply, Emma Li, the Singapore-based lead China market analyst at Vortexa Ltd, told Bloomberg. The nation’s imports from Iran climbed to a record 1.8 million barrels a day last month, she added.
This reduces China's urgency for immediate confrontation and may explain the measured tone of China’s official response, which has focused on calls for restraint rather than outright defiance.
The South China Morning Post has reported that Trump’s blockade could potentially derail Trump's coming summit with Chinese counterpart Xi Jinping on May 14-15. The blockade “forces Beijing into a political dilemma it has spent the entire war trying to avoid”, Jesse Marks, founder of Rihla Research and Advisory, a Washington-based consultancy focused on the Middle East, told SCMP. “The longer the blockade holds, the harder it becomes for China to maintain its posture of strategic ambiguity between Washington and Tehran.” This context reinforces the idea that China has incentives to avoid escalation, at least publicly.
Testing the waters without crossing the line
Despite official caution, developments at sea tell a more ambiguous story. As per a Reuters report, a Chinese sanctioned tanker, Rich Starry, would be the first to make it through the strait and to exit the Gulf since the blockade began, data from LSEG and Kpler showed. The tanker and its owner Shanghai Xuanrun Shipping Co Ltd were sanctioned by the US for dealing with Iran. Rich Starry is a medium-range tanker that is carrying about 250,000 barrels of methanol, according to the data. It loaded the cargo at its last port of call, the UAE's Hamriyah, the data showed. The Chinese-owned tanker has Chinese crew on board, the data showed.
The incident does not amount to a direct confrontation, but it does raise questions about enforcement and compliance. This is where China’s approach may become more nuanced. Rather than openly challenging the blockade, China could allow commercial actors to probe its limits. Such actions create plausible deniability while still testing how far the US is willing to go.
A negotiating tactic in disguise?
There is also a growing view that the blockade may not be designed to last as suggested by the timing of the move, coming immediately after failed US-Iran talks in Islamabad. That sequencing can mean that the blockade is a pressure tactic rather than a long-term military posture.
If that is the case, China’s strategy may be to wait it out. By relying on stockpiles and avoiding overt escalation, it can preserve its position while the US tests Iran’s response. Given its sufficient reserve of oil, China has the flexibility to ride out short-term disruptions.
At the same time, Trump’s overt pitch for China to buy American oil indicates that he is already thinking beyond the blockade itself. The endgame may lie in negotiations that redraw supply relationships rather than in sustained maritime enforcement.
The risk of miscalculation
Even if neither side seeks escalation, the risks are evident. The passage of a Chinese-linked tanker through Hormuz shows how quickly the situation can move from signaling to confrontation. Each such incident increases the chances of miscalculation, especially in a narrow and heavily trafficked waterway.
Without adopting a defiant posture, China is calling for dialogue and stability, but its economic interests are directly affected by the blockade. If disruptions persist for long, China can get impatient.
For now, China appears to be walking a tightrope. It is neither accepting the blockade outright nor openly defying it. Instead, it is probing, hedging and waiting. Whether this evolves into a direct test of US resolve will depend on how long the blockade lasts and how strictly it is enforced. If the measure proves temporary, China may never need to escalate. But if it hardens into a sustained policy, the pressure to act will grow.
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