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'Saved the day': How China helped keep the lid on oil price surge as Iran war disrupted supplies

China's crude stockpiling and subsequent pullback on purchases since the war erupted in late February has helped the world avoid a deeper energy crisis.

'Saved the day': How China helped keep the lid on oil price surge as Iran war disrupted supplies

Published September 10, 2026 · Category: Finance

Overview

China's crude stockpiling and subsequent pullback on purchases since the war erupted in late February has helped the world avoid a deeper energy crisis.

Source

Originally published at www.cnbc.com.

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