China urges Israel and Iran to ease tensions and avoid conflict escalation
Summary: China has called on Israel and Iran to ease rising tensions, urging them to avoid a "vicious circle" of conflict. This appeal was made during phone calls on Monday between China's top diplomat Wang Yi and officials from both countries.
Wang Yi expressed concern over the situation in Gaza and called for an "immediate, complete and permanent" ceasefire. He emphasized the need for releasing hostages and returning to a two-state solution for lasting peace.
The calls come as oil prices have recently fallen due to weak demand from China and geopolitical instability in the Middle East. This decline follows OPEC's reduced global oil demand growth estimate for the third month in a row.
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