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Who is really winning from the war with Iran? China
Posted
April 24, 2026
Views
5,430
Likes
149
Comments
97
Engagement
4.53%
April 24, 2026
5,430
149
97
4.53%
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2:43Now PlayingWith the closure of the Strait of Hormuz cutting off roughly one-fifth of the world's oil supply, prices are topping $100 per barrel. The global oil shock is prompting a surge in electric vehicle demand. China produces more than 70% of the world's electric vehicles, causing them to benefit from this conflict. Katy Tur explains more on who is really winning from the blockade.
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