One reason? As the main importer of Iranian oil, China is the country that stands to be the most impacted by US moves impacting its flow – both last month when the White House removed certain US sanctions on Iranian barrels, and now, as the US military launches a blockade of Iranian ports.
onsdag 15. april 2026
China has so far weathered the historic oil crisis. But as Xi prepares to meet Trump, costs are starting to grow
China, the world’s largest importer of energy, has so far weathered the global energy shock brought on by war in the Gulf well compared with some of its Asian neighbors. But as global fuel markets remain volatile amid an uneasy US-Iran ceasefire and a new American military blockade that threatens Iranian exports, the stakes of the conflict are only rising for Beijing.
One reason? As the main importer of Iranian oil, China is the country that stands to be the most impacted by US moves impacting its flow – both last month when the White House removed certain US sanctions on Iranian barrels, and now, as the US military launches a blockade of Iranian ports.
One reason? As the main importer of Iranian oil, China is the country that stands to be the most impacted by US moves impacting its flow – both last month when the White House removed certain US sanctions on Iranian barrels, and now, as the US military launches a blockade of Iranian ports.