June crude imports fell to the lowest level since 2016 as weak fuel demand, EV adoption, export curbs and geopolitical risks reshaped buying patterns
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China’s crude oil imports plunged 41.3% in June to their lowest level in nearly a decade as the world's top buyer curtailed purchases amid the U.S.-Iran war.
Inbound shipments fell 41% in June as the U.S.-Iran war pushed energy prices higher and rapid EV adoption at home weakened demand
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Chinese crude imports fell to their lowest level since 2018 as the country relied more heavily on strategic reserves and reduced…
China's crude oil imports fell to their lowest level in a decade as higher prices and weaker refinery demand reduced purchases…
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