While the World Scrambles for Oil, China Sits on Full Tanks

The possible reopening of the Strait of Hormuz may not prompt China to return quickly to prewar levels of oil purchases from the Persian Gulf.

Jun 21, 2026 - 18:30
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While the World Scrambles for Oil, China Sits on Full Tanks
The possible reopening of the Strait of Hormuz may not prompt China to return quickly to prewar levels of oil purchases from the Persian Gulf.

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