US-Israel-Iran War Latest Live News: Russia's Crude Oil Exports to China Surge 41% as Imports from Saudi Arabia, Iraq and Oman Fell Sharply Amid Disruptions Affecting Middle East Oil Flows
India, Sept. 20 -- US-Israel-Iran War Latest Live News: China's crude oil imports from Russia surged 41% year-on-year in August 2026, reaching 11.2 million metric tons (approximately 2.64 million barrels per day), according to the latest customs data. This represents a significant 23% month-on-month increase from July. The sudden shift comes as an escalating conflict in the Middle East severely disrupts traditional global oil routes and infrastructure, prompting Chinese refiners to pivot toward onshore pipelines and short-haul Russian Far East cargoes that offer greater delivery certainty.
US-Israel-Iran War Latest Live News: Impact on Middle Eastern and Other Suppliers
As China capitalized on heavily discounted Russian ESPO crude-which...
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