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China's Next Move Could Decide Where Oil Prices Go This Year | OilPrice.com

China's crude import pullback helped cap oil prices during the Iran war, and its next buying decision could set the trend for 2026.

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oilprice.comStai leggendo5 g fa

China's crude import pullback helped cap oil prices during the Iran war, and its next buying decision could set the trend for 2026.

6 g fa

China cuts Iranian crude oil imports by 40%. Crude oil reaching a new all-time high by December 31 at 13.5% YES.

China's June imports from the Middle East, excluding Iran, fell sharply from a year ago, making imports from Russia even more crucial.

Ability to cut imports mitigates loss of supply due to Hormuz closure

martedì 21 luglio 2026·

cryptobriefing.com

China cuts Iranian crude oil imports by 40%. Crude oil reaching a new all-time high by December 31 at 13.5% YES.

mercoledì 22 luglio 2026·

oilprice.com

China's crude import pullback helped cap oil prices during the Iran war, and its next buying decision could set the trend for 2026.