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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.
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oilprice.com
China’s Return to the Energy Market Could Become the Next Global Price Shock | OilPrice.com
China’s reduced oil and LNG imports have helped stabilize global energy markets during the Iran war, as Beijing drew down inventories, cut refinery runs, and delayed spot…
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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.
