Russia and China veto watered-down UN resolution
One-fifth of the world’s oil typically passes through the strait, and Iran’s stranglehold during the war has sent energy prices soaring News Desk NEW YORK: Russia and China on Tuesday vetoed a UN Security Council resolution aimed at reopening the Strait of Hormuz that had been repeatedly watered down in hopes those two countries would abstain. The vote — 11 in favor, two against and two abstentions — took place just hours before an 8 p.m. Eastern deadline set by US President Donald Trump for Iran to open the strategic waterway or face attacks on its power plants and bridges.Read More
