China’s Oil Imports Plunge to Eight-Year Low on War Disruptions

China’s buying of oil from overseas slumped to the lowest in more than eight years last month as the Iran war crimped supply and Beijing held off scrambling for replacement...

By Rong Wei Neo, Sarah Chen · Bloomberg Markets

China’s buying of oil from overseas slumped to the lowest in more than eight years last month as the Iran war crimped supply and Beijing held off scrambling for replacement barrels.