However, the strikes on Iran do pose some risk to China, especially when it comes to oil. Losing cheap oil from Iran would be a blow to China, although a manageable one. Launching a new offensive in Iran would deplete stockpiles of US weapons for both the US and Israel. These weapons are all reliant on semiconductors and radars made with gallium, a critical mineral whose supply chain China controls. “Beijing will be delighted to see the US expending scarce munitions and interceptors in a secondary theater.

Source: Taipei Times March 05, 2026 18:10 UTC