China’s oil fortress will reshape the global order - Reuters

China’s oil fortress will reshape the global order - Reuters

Source: Reuters

DW NOTE

China stores 2.1 billion barrels of strategic petroleum reserves and has spent the last decade building pipelines from Central Asia and Russia that bypass maritime choke points entirely. The Strait of Hormuz closes for three days and oil jumps 9% — but Beijing's import model barely registers the event. When one side can wait out a blockade and the other cannot, the fortress wins by default.

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