China accumulated huge oil reserves before the war in Iran

    https://unn.ua/en/news/china-accumulated-huge-oil-reserves-before-the-war-in-iran

    Posted by esporx

    2 Comments

    1. This adds to the fact that Iran is the one here that will suffer the most as long as these blockades from both sides hold. Reports are that they have about 2 more weeks of storage capacity. The rest of the world can weather the storm. Iran cannot let their flow slow down and gunk up their fields. It would ruin them.

    2. adamsaidnooooo on

      Why is with oil being over $100 a barrel, fuel is cheaper (by a lot) at the bowser? Oil at $100 fuel 2.30 aud. Now oil $100 fuel 1.80 aud.

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