China offers to help Southeast Asia counter impact of Middle East war on energy supplies
Conflict has also hit global fertiliser supplies, prompting Manila to seek assurances that Beijing would continue exports
“China stands ready to strengthen cooperation and coordination with Southeast Asian countries and jointly address energy security issues,” Chinese foreign ministry spokesman Lin Jian told a regular press conference on Thursday.
Lin also called for an end to the conflict, saying: “Relevant countries need to stop military operations at once, and prevent regional turmoil from impacting global growth.”
As well as energy supplies, the escalating US-Israeli war with Iran has threatened to disrupt the Gulf’s critical fertiliser production and shipping hubs, where some of the world’s largest manufacturing plants are located.
The Strait of Hormuz, which Tehran says is closed to the US and its allies, accounts for almost a third of the global fertiliser trade.
The Philippines said on Wednesday that China had given assurances that it would keep up fertiliser shipments following media reports Beijing was strengthening export restrictions and had asked exporters to halt outbound shipments of certain crop nutrients.
The country also has a history of controlling fertiliser exports to keep prices low for farmers.