- China’s trade with Iran, Gulf states plunges as Strait of Hormuz crisis hits energy flows South China Morning Post —
- Iran war deepens China’s dependence on US for niche gas The Straits Times —
- Iran War Deepens China’s Dependence on the US for Niche Gas Bloomberg —
- Iran war deepens China’s dependence on the U.S. for niche gas The Japan Times —
- China Revives Coal-to-Gas Projects as Energy Security Frays Bloomberg —
- China revives coal-to-gas projects as energy security frays The Japan Times —
China's Trade with Iran Plunges
The tightening of restrictions in the Strait of Hormuz has forced Chinese petrochemical producers to seek alternative feedstocks.
Consequently, China is set to import a record volume of U.S. ethane this month to mitigate the impact of the energy shock.
Despite the trade slump, Beijing is reportedly reviving domestic coal-to-gas projects to bolster its energy security.
The situation underscores the far-reaching economic consequences of the US-Israeli war on global supply chains.
Iran
Country in Western Asia
Country in Western Asia
Strait of Hormuz
Strait between the Gulf of Oman and the Persian Gulf
Strait between the Gulf of Oman and the Persian Gulf
United States
Country located primarily in North America
Country located primarily in North America