China's future buying will be critical for oil prices, with imports rebounding recently but renewed tensions in Hormuz and the Red Sea—and higher oil prices—likely to determine whether demand strengthens or weakens in the months ahead.

America’s greatest rival is single-handedly averting a global energy crisis. No one knows how the country is doing it—or why.

China cuts oil imports by over 40% amid Iran war, stabilizing prices. Crude oil reaching a new all-time high by September 30 at 5.8% YES.