00:00China gets a great deal of oil from Iran.
00:03Now, it does so usually in violation of American sanctions,
00:07but it does get a lot of oil from Iran,
00:10and it would like to continue to do it,
00:12and it gets it through the Strait of Hormuz, as does India.
00:16And so it is China's interest to keep international waterways open,
00:21and the Strait of Hormuz is an international waterway by law.
00:25It should not be held up by any country.
00:28There should be no toll being paid.
00:31So, yeah, I think China's very interested,
00:33and I think China's looking for ways to be important in the world.
00:37Perhaps they talked about China helping to mediate some, you know,
00:42Pakistan now is trying to mediate between Iran and the United States,
00:46but it may be that China could play an important, helpful role there, too.
00:51So I think this is something you're quite right.
00:53We should watch very carefully.
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