Monday, 10 August 2026 · World
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EUROS The World Financial Report
Nº 30 Monday, 10 August 2026 · World Edition
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Asia

Global Market: China bears the brunt of Asia’s crude oil demand cut as Middle East supplies shrink

Markets-Economic Times · 1h ago · 🇮🇳 India
Global Market: China bears the brunt of Asia’s crude oil demand cut as Middle East supplies shrink

China is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude imports fell sharply in June and July, despite a recovery in July. August shipments are expected to improve, but September could offer a clearer picture of supply disruptions.

Read the full story at Markets-Economic Times →