China Moves the Price of Oil, Even When It Buys Less

China is the world’s largest purchaser of oil. But three months after the war with Iran began, it cut its imports, cushioning the global market.

By Lisa Friedman and Alexandra Stevenson · The New York Times – World

China is the world’s largest purchaser of oil. But three months after the war with Iran began, it cut its imports, cushioning the global market.