How China, a Major Buyer of Iranian Oil, Is Shielding Itself from War Disruptions
A major disruption of oil flows from the Middle East would normally pose a serious threat to China’s economy as Beijing is the largest buyer of Iranian crude, purchasing an estimated 80% of Iran’s oil exports. However, after two decades of building strategic reserves, diversifying supply routes and rapidly expanding renewable energy, China is now … Continue reading How China, a Major Buyer of Iranian Oil, Is Shielding Itself from War Disruptions
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