Analysts say China’s rapid adoption of electric vehicles could cause a lasting reduction in crude oil imports, although refinery activity, stockpiling trends, and fuel market dynamics may still support future import growth.

Chinese oil imports may never fully recover from the Iran war, with analysts saying the conflict accelerated a permanent shift away from fuels like gasoline and die…

Analysts say China’s rapid adoption of electric vehicles could cause a lasting reduction in crude oil imports, although refinery activity, stockpiling trends, and fuel market…