China’s oil consumption fell 9% year over year in the second quarter as expensive crude accelerated the use of electric cars, trucks, rail and industrial equipment.

The world’s second-largest oil consumer cut its use by 9 percent as the Iran war crimped supply. The drop could accelerate China’s pivot away from the fossil fuel.

China’s carbon dioxide (CO2) emissions fell by 1% in the second quarter of 2026, as oil consumption plummeted amid the strait of Hormuz crisis.