Moscow and Beijing Use Veto to Prevent Opening of Strait of Hormuz to Navigation

In a sudden and urgent development within the closed halls of the United Nations, Russia and China used a double veto to strike down an emergency draft resolution demanding an end to the strict restrictions imposed on the Strait of Hormuz. This decision immediately sent violent shockwaves and a state of confusion through global oil markets, amid successive economic warnings of an exacerbating regional conflict and its direct, disastrous impact on halting the maritime trade routes that supply the world with energy sources.