China urges all sides in Gulf conflict to ensure stable, unimpeded oil supply

Beijing, March 20 (Reuters) - China’s foreign ministry urged all sides involved in the Gulf conflict on Friday to ensure a stable and unimpeded oil supply, in comments on the United States weighing the lifting of sanctions on some Iranian oil.

However, the ministry spokesperson, Lin Jian, did not specify any countries.

His remarks came after Treasury Secretary Scott Bessent said on Thursday the United States might remove sanctions on Iranian oil stranded on tankers at sea in a bid to hold down oil prices.