CommoditiesAfter drastic pullback cushioned war shock, analysts say country keen to shore up inventoryA tanker unloads imported crude oil in Qingdao, China, on Sept. 2. Chinese oil imports have rebounded from lows after the outbreak of the Iran war, although they remain below prewar levels. (Costfoto/NurPhoto via Getty Images)SHOTARO TANISeptember 11, 2026 14:00 JSTTOKYO -- China is returning to the oil market at a time when renewed hostilities in the Strait of Hormuz are putting upward pressure on prices.