The Atlantic·4 min read·medium
The Great Chinese Oil Mystery
R
Rogé Karma
✦AI Summary
Global oil prices have remained surprisingly stable despite the closure of the Strait of Hormuz due to a significant, unexplained reduction in Chinese oil imports. Experts are puzzled by how China is meeting its energy needs while cutting consumption by half.
America’s greatest rival is single-handedly averting a global energy crisis. No one knows how the country is doing it—or why.
businessworldeconomy
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