China’s Oil Hoard Shields Refiners From Iran Risks for Now

Bloomberg · Mar 2, 2026 · Collected from RSS

Summary

A hoard of Iranian oil on tankers at sea and swelling onshore inventories in China will provide an initial cushion for the world’s biggest importer from the fallout of the conflict in the Middle East.

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China’s Oil Hoard Shields Refiners From Iran Risks for Now

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Bloombergabout 8 hours ago
Indian Refiners Eye Russian Oil Again as Iran Crisis Hits Supply
Indian state refiners and government officials met over the weekend to hammer out contingency plans for a crisis in Iran that has all but stopped flows through the Strait of Hormuz, a narrow waterway vital for roughly half of the nation’s oil imports.

Bloomberg5 days ago
Russia and Iran Slash Prices to China as Oil Piles Up at Sea
Russian and Iranian oil producers are offering deepening discounts as they compete for the same limited group of Chinese buyers after India retreated from purchases.

Bloomberg4 minutes ago
The Great US Trade Decline
Global trade began moving away from the US long before Trump took office — but his tariffs didn’t help, Bloomberg Opinion columnist Scott Lincicome says. (Source: Bloomberg)

Bloomberg22 minutes ago
Rio Tinto Approves $473 Million South Africa Mine Expansion
Rio Tinto Group approved a $473 million mine expansion at its Richards Bay Minerals unit, ending a prolonged suspension of the South African project.

Bloomberg37 minutes ago
Investors Flock to US Dollar
Investors are flocking to the US dollar as the traditional haven makes a comeback amid conflict in the Middle East. (Source: Bloomberg)

Bloomberg37 minutes ago
Morgan Stanley’s Wilson Says Iran Unlikely to Dent Bullish View
Morgan Stanley strategists see the eruption of conflict in Iran and the Middle East as unlikely to derail their bullish view on US stocks, barring a sharp and sustained surge in oil prices.