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Iran truce drives spike in China’s oil imports, but soaring Brent clouds demand
Purchases from the Gulf accounted for 27.6 per cent of China’s total crude imports in July, up over 10 percentage points from the month before.
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middleeasteye.net
How China eased pressure on oil markets by halting purchases and relying on reserves
Beijing’s vast stockpiles and reduced crude imports have helped absorb a supply shock that might otherwise have sent global prices soaring
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scmp.com
Iran truce drives spike in China’s oil imports, but soaring Brent clouds demand
Purchases from the Gulf accounted for 27.6 per cent of China’s total crude imports in July, up over 10 percentage points from the month before.
