@✡︎𝐋𝐢𝐯𝐞𝐈𝐫𝐚𝐧𝐍𝐞𝐰𝐬🇮🇷🇮🇱: ⚡🇨🇳🛢🦀China's Sharp Drop in Oil Imports; Strait of Hormuz Crisis Pressure Reaches Beijing/Reports indicate that China's crude oil imports in April fell by about 20% and hit the lowest level in the
Reports indicate that China's crude oil imports in April fell by about 20%, reaching the lowest level in two years, as some state-owned companies have put purchased oil shipments back on the global market. This development comes amid the Strait of Hormuz crisis, with Beijing intensifying contacts and negotiations with both the Islamic Republic of Iran and the United States to ensure the security of vital oil supply routes.