Beijing's Oil Reserve Strategy: A Calculated Gamble in a Turbulent Market The ongoing tensions between the US and Iran have sent oil prices soaring, with analysts warning of a potential multi year disruption to global energy supplies.
China's handling of its strategic petroleum reserves has come under scrutiny.
Historically, Beijing has carefully balanced its energy needs with its interests in the Middle East by diversifying imports and building up reserves. This approach has insulated China from market volatility.