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China taps commercial oil stocks to help weather Iran war shock
While China's tapping of reserves is sizeable, its weaker downstream demand has made an even bigger difference. Read more at straitstimes.com. Read more at straitstimes.com.
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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.
