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Iran truce drives spike in China’s oil imports, but soaring Brent clouds demand

  • Posted on August 20, 2026
  • By South China Morning Post
  • 0 Views
  • 1 min read
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Iran truce drives spike in China’s oil imports, but soaring Brent clouds demand
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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South China Morning Post

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