Article #2363

South China Morning Post - World News

South China Morning Post - World News

Title US officials claim China is ‘hoarding’ oil. What does the data say? Source South China Morning Post - World News
Description Though high-level officials in Washington have accused China of undermining global energy security by “hoarding” oil during the US-Israeli war on Iran, import and inventory data suggest Beijing is facing its own supply pressures as the conflict drags on. US Treasury Secretary Scott Bessent on Tuesday labelled China an “unreliable global partner,” alleging that Beijing has prioritised stockpiling crude over easing global shortages triggered by the war, according to a Reuters report. He also...
Link https://www.scmp.com/economy/global-economy/article/3350180/us-officials-claim-china-hoarding-oil-what-does-data-say?utm_source=rss_feed Published At 2026-04-15 09:30:09 (1 month ago)
Created At 2026-04-15 09:32:15 Updated At 2026-04-15 09:32:15