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China adapts to reduced fuel needs, easing global oil supply pressures
China's crude oil imports plunged as EV adoption topped 50% of new car sales, easing global oil supply pressures despite Middle East geopolitical risks.
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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.
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oilprice.com
China’s Oil Imports Plummet to Eight-Year Low | OilPrice.com
China’s sharp cut in crude imports is easing pressure on oil prices, but its inventory cushion will eventually need replenishing.
