How is the war in the Middle East affecting China's oil…
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How is the war in the Middle East affecting China's oil imports?
If the conflict drags on, with insurances refusing to cover even Chinese tankers then what?
Those strategic reserves can only last for so long.
Edits:
State-insurance? I'm not sure they can build the infrastructure fast enough to circumvent the disruptions in the Strait of Hormuz.
Just realize Japan is more f\*cked than China, so are other Pacific allies of the US.
If the war drags on, it puts immense pressure on the US
... which means Iran technically wins at least politically if the war drags on.
#local
If the conflict drags on, with insurances refusing to cover even Chinese tankers then what?
Those strategic reserves can only last for so long.
Edits:
State-insurance? I'm not sure they can build the infrastructure fast enough to circumvent the disruptions in the Strait of Hormuz.
Just realize Japan is more f\*cked than China, so are other Pacific allies of the US.
If the war drags on, it puts immense pressure on the US
... which means Iran technically wins at least politically if the war drags on.
#local
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