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China's crude oil imports plunge to pandemic-era lows as Iran conflict chokes supply lines
China's crude oil imports fell 20% in April 2026 to 38.5 million metric tons, the lowest since mid-2022, as the Iran conflict closes the Strait of Hormuz.
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cryptobriefing.com
China's crude oil imports plunge to pandemic-era lows as Iran conflict chokes supply lines
China's crude oil imports fell 20% in April 2026 to 38.5 million metric tons, the lowest since mid-2022, as the Iran conflict closes the Strait of Hormuz.
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theprint.in
China’s oil import slowdown eases pressure on Asian refiners, boosts India’s crude intake
Kpler says weaker demand by China has freed up Russian, African & US crude for Asian buyers, helping refiners in India & elsewhere cushion the impact of Hormuz disruptions.
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axios.com
How China has kept a lid on global oil prices
Since the start of the Iran war, China has sharply cut the amount of oil it imports.