Chinese Premier Li Qiang inspected strategic oil reserves and grain stockpiles in one of China’s main economic hubs earlier this week, as the world’s second-largest economy steps up efforts to insulate itself from the Strait of Hormuz crisis.During a trip to Zhoushan and Ningbo in China’s eastern Zhejiang province, Li called for the accelerated construction of commodity distribution hubs to safeguard China’s national security. He also stressed the need to maintain adequate reserves of essential...