Miner Company
A Strait Problem For China: How The Iran War Could Squeeze Oil Supply
China faces significant near-term risk from Middle East oil disruptions, compounding existing economic fragility and reliance on discounted Iranian and Venezuelan crude. Short-term supply shocks could impact up to 1.9 million barrels per day of China's imports, but large oil inventories (approx.
China faces significant near-term risk from Middle East oil disruptions, compounding existing economic fragility and reliance on discounted Iranian and Venezuelan crude. Short-term supply shocks could impact up to 1.9 million barrels per day of China's imports, but large oil inventories (approx.