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China withdraws one million barrels per day from its oil reserves to face the Hormuz crisis

June 10, 2026AL24 | الاقتصادal24news.dzTranslated from Arabic
China withdraws one million barrels per day from its oil reserves to face the Hormuz crisis

China has begun to rely on part of its commercial crude oil stocks to ensure the stability of its energy supplies and avoid any severe disruptions in the local market, especially with rising tensions in the Gulf region and declining oil flows through the nearly closed Strait of Hormuz due to the repercussions of the escalation in the Middle East. According to estimates from specialized companies in energy market analysis, it is expected that...

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