Governments around the world are scrambling for alternative energy supplies since the US-Israeli war on Iran severed shipping lanes through the vital Strait of Hormuz. In response to China's offer, Taiwan Deputy Economy Minister Ho Chin-tsang told lawmakers in parliament: "Of course this is impossible. "On energy, we in Taiwan have made preparations, we have safety reserves and response plans," Ho added. Chen Binhua, a spokesperson for China's Taiwan Affairs Office, said in Beijing on Wednesday that "peaceful reunification" would bring better protection of Taiwan's energy and resource security with a "strong motherland" as its backing. Taiwan's government rejects Beijing's sovereignty claims and says only the island's people can decide their future.

Source: The Edge Markets March 19, 2026 08:09 UTC