China’s energy strategy pays off as supply lags

China’s energy strategy pays off as supply lags

The Star Online - Business·2026-04-13 08:01

Beijing: China’s long-term strategy of diversifying energy sources and building stockpiles is helping it weather disruptions from the Iran war, although some sectors still face major snags, analysts say.

China is a net importer of oil and more than half of its seaborne crude came from the Middle East last year, according to analytics firm Kpler.

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