'Saved the day': How China helped keep the lid on oil price surge as Iran war disrupted supplies
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Source: CNBC
Published: 2026-09-10 16:17 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Asia, Military & Defence, Iran, Energy, China, World News, US Politics, War & Conflict, Asia Pacific
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Snippet:
China's years of stockpiling of crude and subsequent pullback on oil purchases since the Middle East war erupted in late February helped the world avoid a far deeper energy crisis. But that buffer may face a test as Beijing shows signs of resuming purchases, according to economists.
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