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China is helping to cushion global oil prices below $100 — but analysts warn it won’t last

China has reduced oil imports since the start of the Iran war, capping global crude prices.

China is helping to cushion global oil prices below $100 — but analysts warn it won’t last

Published June 8, 2026 · Category: Finance

Overview

China has reduced oil imports since the start of the Iran war, capping global crude prices.

Source

Originally published at www.cnbc.com.

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