cleantechnica.com
China’s Crude Oil Imports Fell in the Second Quarter
China, the world’s largest crude oil importer, reduced its imports by 32% in the second quarter of 2026 compared to the previous quarter. This decline followed price spikes caused by disrupted flows through the Strait of Hormuz. Monthly data from China’s General Administration of Customs show imports averaged 8.1 million barrels per day, falling below 8.0 million in May and June for the first time since 2016. This contrasts sharply with record-high imports in 2025, when China [...]