China's Crude Imports Drop To Lowest Level Since 2018

Chinese crude imports fell to their lowest level since 2018, signaling reduced demand amid ongoing geopolitical tensions and economic slowdowns. Oil prices dropped sharply due to uncertainty around U.S.-Iran negotiations and concerns over Strait of Hormuz stability.

By Alex Kimani Wed, June 24, 2026 at 11:00 PM GMT+3 5 min read · Yahoo Finance ·

China's Crude Imports Drop To Lowest Level Since 2018

Topics: China imports crude prices oil U.S.-Iran relations

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