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China Begins Tapping Oil Stockpiles as Middle East Crisis Drags On | OilPrice.com
China has begun drawing from its vast crude oil inventories to reduce expensive imports and cushion the impact of the global supply disruption caused by the Middle East conflict.
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cnbc.com
China is helping to cushion global oil prices below $100 — but analysts warn it won’t last
China has reduced oil imports since the start of the Iran war, capping global crude prices.
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theprint.in
China's oil imports hit eight-year low as Iran war disrupts energy supplies
Beijing has leaned on stockpiles, refinery cuts and export curbs instead of chasing replacement crude, helping cushion global markets from the supply shock.
