FLASH
Shkruar nga Pamfleti
China's crude oil imports fell sharply in April, reflecting the effects of tensions in the Middle East and supply problems through the Strait of Hormuz.
According to customs data released by Chinese authorities, oil imports fell by 20% compared to the same period last year. China remains the world's largest oil importer and obtains about half of its needs from Middle Eastern countries.
The situation in the region and restrictions on circulation through the Strait of Hormuz have directly affected oil supplies, forcing Beijing to take measures to protect the domestic market.
As a result, Chinese authorities have tightened controls on exports of refined products such as gasoline and jet fuel.
This policy caused refined fuel exports to fall to their lowest level in a decade in April, down about a third compared to March.
Meanwhile, data from international ship monitoring firm Kpler shows that China's seaborne crude oil imports have reached their lowest level since July 2022.
Experts warn that escalating tensions in the Middle East could have further consequences for global energy markets and the Chinese economy.
Lini një Përgjigje