Petroleum & China
155 shared events · Importance 31 · Last updated Aug 24, 2026
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Business
Petroleum: The reduced demand for Petroleum from China, the world's largest importer, directly impacts global prices and supply, leading to lower imports and potentially affecting oil-producing nations.
China: As the world's largest oil importer, China's reduced fuel demand and crude oil imports significantly impact global oil prices and supply dynamics. The shift to EVs and public transport, along with a property crisis, contributes to this decline.
Jun 11, 2026 · 6 articles
International
Petroleum: Petroleum is central to the conflict, with China buying the bulk of Iran's oil. Sanctions and threats could disrupt supply, supporting prices.
China: China is a key player, publicly supporting diplomatic resolution and opposing sanctions, while being a major buyer of Iranian oil. Its stance could strain US-China relations and expose its banks to sanctions risk.
Aug 23, 2026 · 7 articles
International
Petroleum: Petroleum prices have risen to a three-week high due to supply disruption risks in the Strait of Hormuz. The conflict and sanctions could further tighten supply, benefiting producers but hurting consumers.
China: China is Iran's largest oil buyer, purchasing over 80% of its shipped oil, and faces potential secondary sanctions. The US pressure could disrupt China's oil supply and its independent refiners, while risking retaliation in trade and rare-earth exports.
Aug 20, 2026 · 73 articles
International
Petroleum: Supply risks from Hormuz and Red Sea disruptions, impacting prices and inflation.
China: Accused of provocations in South China Sea, defended its claims, held talks with U.S. and ASEAN.
Jul 19, 2026 · 131 articles
International
Petroleum: Oil prices may rise due to supply disruptions.
China: Major buyer of Russian oil; faces potential 100% tariffs.
Jul 10, 2026 · 311 articles
International
Petroleum: Petroleum markets are disrupted by the war and Strait of Hormuz closure, with China's e-truck fleet saving significant oil volumes.
China: China is the world's largest e-truck maker and exporter, benefiting from increased demand due to the war. Its domestic e-truck adoption is surging, and exports have more than doubled.
Aug 13, 2026 · 12 articles
International
Petroleum: Prices retreated from war highs but supply disruptions persist, keeping markets volatile.
China: Sharply reduced refinery runs and halted fuel exports, contributing to global supply tightness.
Jul 31, 2026 · 335 articles
International
Petroleum: Prices retreated from war highs but supply disruptions persist, keeping markets volatile.
China: Sharply reduced refinery runs and halted fuel exports, contributing to global supply tightness.
Mar 08, 2026 · 27 articles
International
Petroleum: Petroleum prices are likely to rise due to supply disruption risks from the Strait of Hormuz and sanctions on Iran, benefiting oil producers but increasing costs for consumers.
China: China, a major buyer of Iranian oil, rejected US pressure and called for diplomacy. Its stance could affect global oil markets and US-China relations.
Aug 24, 2026 · 10 articles
International
Petroleum: Petroleum prices plunged following the ceasefire agreement and the temporary reopening of the Strait of Hormuz, after weeks of price increases due to the Middle East war.
China: China, as Iran's largest trading partner, quietly used its influence to help find a path toward a ceasefire between the United States and Iran.
Apr 07, 2026 · 79 articles
International
Petroleum: The price of Petroleum>>> has surged due to the conflict and the closure of the Strait of Hormuz>>>, directly impacting global energy markets and corporate costs.
China: China's factory activity expanded due to stockpiling, but it is also a source of global trade imbalances and faces pressure from G7 nations regarding its industrial policies.
May 05, 2026 · 374 articles
International
Petroleum: The price of Petroleum>>> has spiked due to Iran>>>'s chokehold on the Strait of Hormuz>>> and the United States>>>'s blockade on Iranian ports.
China: China>>>, the world's second-largest oil consumer, has sharply reduced its seaborne crude imports due to higher prices, introducing uncertainty into global demand calculations.
Apr 20, 2026 · 508 articles
International
Petroleum: Petroleum markets face disruption due to the conflict and sanctions, with potential supply shortages and price volatility.
China: China is a major buyer of Iranian oil and is pressured to join the sanctions. Non-compliance could lead to US secondary sanctions, affecting its energy imports and trade.
Aug 06, 2026 · 325 articles
International
Petroleum: Petroleum prices are elevated due to the blockade of the Strait of Hormuz and the threat of sanctions. The conflict risks further supply disruptions, benefiting oil producers but hurting consumers.
China: China is the main buyer of Iranian oil, purchasing over 80% of its exports. The U.S. is pressuring China to cooperate with sanctions, which could strain U.S.-China relations and affect global oil trade. China has urged diplomacy.
Aug 22, 2026 · 25 articles
International
Petroleum: Petroleum is the key commodity at risk; any disruption in the Strait of Hormuz would significantly impact global oil markets and prices.
China: China criticized US sanctions and called for political resolution, potentially mitigating the impact on Iran and maintaining its own economic ties.
Aug 22, 2026 · 17 articles
International
Petroleum: Petroleum>>> prices initially fell after Iran>>>'s TV report of a deal but rebounded after news of new US strikes, indicating market sensitivity to geopolitical tensions in the Strait of Hormuz>>>. The conflict has sent global energy prices sharply higher.
China: China>>> is a significant economic partner for Iran>>> and has been involved in diplomatic efforts to reopen the Strait of Hormuz. Its tankers are now transiting the strait under new Iranian rules.
Apr 20, 2026 · 607 articles
International
Petroleum: Petroleum markets are affected by Strait of Hormuz tensions and the US sanctions bill targeting Russian oil buyers. India's energy security and global prices are influenced.
China: China is one of the top buyers of Russian oil and could face 100% tariffs under the US bill. The call between Modi and Vance does not directly involve China, but the sanctions legislation affects it.
Aug 08, 2026 · 43 articles
International
Petroleum: Petroleum prices could be affected as major buyers like India face pressure to reduce Russian imports, potentially tightening supply.
China: China is another major buyer of Russian crude and could be subject to the tariffs, affecting its trade with the US.
Aug 11, 2026 · 12 articles
International
Petroleum: Petroleum prices have been highly volatile due to the conflict and the closure of the Strait of Hormuz. The interim deal and the reopening of the Strait are expected to lead to a significant increase in oil supply, potentially causing a 'mini glut' in the short term and stabilizing prices, which is beneficial for importing nations like India.
China: China has welcomed the interim agreement and urged for the swift reopening of the Strait of Hormuz to ensure the stability of global industrial and supply chains. Its foreign minister, Wang Yi, has called for continued efforts towards peace and stability in the Middle East.
Apr 20, 2026 · 302 articles
International
Petroleum: Prices retreated from $118 to $85, but supply remains disrupted.
China: China is a major oil importer affected by supply disruptions. It has suspended strategic reserve purchases and may face higher energy costs.
Apr 08, 2026 · 416 articles
Business
Petroleum: China's crude oil imports fell 13.2% in the first seven months due to high prices and supply constraints, affecting global oil demand outlook.
China: China's exports beat expectations, reinforcing its role as a key growth driver. The strong trade data may support the yuan and reduce urgency for domestic stimulus, but also risks escalating trade tensions with partners.
Aug 06, 2026 · 22 articles
International
Petroleum: Petroleum>>>s have risen due to Iran>>>'s chokehold on the Strait of Hormuz and the ongoing conflict, but eased slightly after the second round of United States>>> airstrikes.
China: China reported stronger-than-expected export and import growth, driven by demand for autos and technology goods, despite the Iran war.
May 18, 2026 · 316 articles
International
Petroleum: Petroleum>>> prices are directly affected by the progress of the peace talks, with optimism for a deal leading to a 6% fall. The reopening of the Strait of Hormuz>>> would further impact global Petroleum>>> supply and pricing.
China: Two Chinese tankers laden with oil exited the Strait of Hormuz, indicating a potential easing of the conflict's impact on global energy supplies, which positively affects China's energy security.
May 19, 2026 · 327 articles
International
Petroleum: The conflict and the closure of the Strait of Hormuz>>> have caused significant volatility and price increases for Petroleum>>>.
China: China>>> has economic ties with Iran>>> and has been urged by the United States>>> to help broker a peace agreement, while also having its tankers transit the Strait of Hormuz>>>.
May 07, 2026 · 362 articles
International
Petroleum: Petroleum is directly impacted by the strait's closure and attacks on infrastructure. The potential reopening could ease supply concerns, but ongoing attacks support prices.
China: China is a major buyer of Gulf oil and has diplomatic influence. It benefits from discounted Iranian oil but avoids military involvement.
Jun 16, 2026 · 349 articles
International
Petroleum: Petroleum is the central commodity, with record Indian imports supporting global demand and Russian export revenues, while Urals prices remain above the price cap.
China: China remains the largest buyer of Russian crude, accounting for 50% of exports, and is a benchmark for India's second-place position. Its continued purchases influence global oil flows.
Aug 03, 2026 · 8 articles
Business
Petroleum: Resumption of Saudi loadings affects global crude supply and prices, particularly for heavier grades.
China: Major buyer of Middle Eastern crude; reluctant to use Sidi Kerir due to high freight costs and long voyages.
Aug 18, 2026 · 7 articles
Business
Petroleum: The decline in Petroleum>>> prices acted as a pressure factor on soybean markets, influencing investor sentiment.
China: China was a buyer of 136,000 MT of soybeans, supporting demand but not enough to offset overall bearish sentiment.
May 26, 2026 · 67 articles
International
Petroleum: The price of oil has been significantly impacted by the closure and subsequent partial reopening of the Strait of Hormuz. The easing of supply concerns due to increased traffic through the strait has led to oil prices falling to pre-war levels.
China: China, a major buyer of Iranian oil, has seen its seaborne crude oil imports drop, contributing to the global oil market's oversupply as it draws down inventories.
Apr 20, 2026 · 390 articles
Domestic
Petroleum: Petroleum prices have also increased significantly in India — Delhi and other major Indian cities, crossing the Rs 100 mark in India — Delhi, adding to consumer burden.
China: China's transportation fuel consumption has peaked, which, combined with India's slowing demand, dampens the outlook for global fuel demand.
May 26, 2026 · 17 articles
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