Updated
Updated · Bloomberg · May 9
China's energy imports fall sharply in April
Updated
Updated · Bloomberg · May 9

China's energy imports fall sharply in April

13 articles · Updated · Bloomberg · May 9
  • Crude imports fell 20% year on year to 38.47 million tons, the lowest since July 2022, while gas imports dropped 13% to 8.42 million tons.
  • The decline followed a near-halt in shipments through the Strait of Hormuz, a key route for crude oil and natural gas supplies to China.
  • Oil imports also fell from March, when some cargoes had already departed the Persian Gulf before US and Israeli air strikes against Iran on Feb. 28.
Beyond soaring oil prices, how is the Hormuz crisis quietly threatening the world’s food supply?
How does Iran’s 'shadow fleet' defy a US blockade to continue fueling China’s economy?
Is China's green energy boom finally making it immune to Middle East oil wars?