While the World Scrambles for Oil, China Sits on Full Tanks NYT - Energy & Environment By: Keith Bradsher 21 June 2026 at 10:01 The possible reopening of the Strait of Hormuz may not prompt China to return quickly to prewar levels of oil purchases from the Persian Gulf. © Hector Retamal/Agence France-Presse — Getty ImagesAn oil refinery in Nanjing, in China’s eastern Jiangsu province, last month. Chinese companies kept their refineries running throughout the war.
U.S. Will Waive Oil Sanctions That Have Long Crimped Iran NYT - Energy & Environment By: Rebecca F. Elliott 17 June 2026 at 21:19 The preliminary U.S.-Iran deal temporarily waives restrictions that have limited the country’s oil sales and how much money it has been able to make from those exports. © Atta Kenare/Agence France-Presse — Getty ImagesAn oil facility on Kharg Island, Iran, in 2017.
Which Countries Are Profiting From the Iran War Oil Shock NYT - Energy & Environment By: Amy Fan and Rebecca F. Elliott 22 May 2026 at 18:28 An analysis of oil export data offers clues about which nations have benefited from higher prices, and which have lost a lot of revenue. © The New York Times
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