How The Iran Conflict Could Hit China’s Oil Industry - The Wire China

How The Iran Conflict Could Hit China’s Oil Industry - The Wire China

Small Chinese refineries face trouble if their supply of cheap Iranian crude is restricted. The post How The Iran Conflict Could Hit China’s Oil Industry appeared first on The Wire China.

China could lose more than just cheap oil if Iran collapses

Before Saturday evening’s strikes on Iran’s nuclear facilities, the Chinese Communist Party had demanded that Israel end its attacks on the Islamic Republic and the United States to withhold itself from the conflict. The U.S. clearly didn’t heed their demands.…

Israeli Attack on Iran Affects China's Oil Supply

By: Tim DaissBeijing’s oil interests in Iran have come under duress, with Beijing fuming at Israel for its bombing campaign. They might not come right out and say it, but they don’t have to. It not only lurks beneath official government statements and rhetoric, but its overtones are surfacing in Chinese media. With the US now having attacked Iran’s nuclear sites, given the possibility of Iranian retaliation on shipping, the situation is even mor…

China could lose more than cheap oil if Iran collapse

Before Saturday evening’s strikes on Iran’s nuclear facilities, the Chinese Communist Party had demanded that Israel end its attacks on the Islamic Republic and the United States to withhold itself from the conflict. The U.S. clearly didn’t heed their demands. It’s not because President Xi Jinping is a humanitarian or has a particular interest in the Iranian nuclear program. China sees the unrest in Iran as a possible flashpoint that could spill…