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The US-Israeli attack on Iran and Iran's retaliatory strikes against energy infrastructure directly impact China.
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On February 28, the United States and Israel launched a campaign against Iran targeting military infrastructure and the regime's core leadership. Supreme Leader Ayatollah Ali Khamenei and several...
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China imports roughly half of its oil from the Middle East.
The war in Iran looks like it should be a breakthrough moment for a clean energy sector that has been hammered on multiple fronts in recent years.
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Multiple US–Iran conflict scenarios carry materially different risks for global oil infrastructure, transit routes, and prices.
China’s crude oil imports hit a record-high 11.6 million barrels per day in 2025, as geopolitical tensions, low oil prices, and global oversupply spurred China to increase its oil stockpiles, a trend likely to continue in 2026.
The US intervention in Venezuela may jeopardize both the flow of discounted Venezuelan oil to China's teapot refineries and the role of Chinese oil companies in Venezuela’s upstream business.
