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