China's crude oil imports are rebounding sharply as refiners increase purchases from Russia and the Middle East, supporting oil prices despite a temporary pause in U.S.-Iran hostilities.

Chinese refiners have accelerated purchases of Russia's ESPO crude as escalating disruptions in the Middle East threaten global oil supplies.

China's crude oil imports are rebounding sharply as refiners increase purchases from Russia and the Middle East, supporting oil prices despite a temporary pause in U.S.-Iran…