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submitted 1 day ago by schizoidman@lemmy.zip to c/world@quokk.au

cross-posted from : https://lemmy.zip/post/66580854

The crude stockpiles held by the country’s state-owned energy companies remain nearly full. Beijing appears not to have tapped its vast strategic reserves, and storage tanks at Chinese refineries are brimming with petrol, diesel and other refined products.

China was able to reduce imports so sharply in part because it had been buying more oil than it needed before the war. For years, it accumulated inventories whenever prices were low as part of a broader push to strengthen national self-reliance and improve its ability to withstand supply disruptions.

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[-] mrdown@lemmy.dbzer0.com 2 points 1 day ago

China did not force russia to start the war of agression same wirh the usa

this post was submitted on 22 Jun 2026
51 points (100.0% liked)

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