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China Crude Comeback Loses Steam as Iran War Enters Eighth Month

Bloomberg Markets Wednesday 30 September 2026, 06:47 UTC By Bloomberg News 1 min read
Key Points

A nascent recovery in Chinese oil demand has begun to falter, as continued fighting in the Middle East and limited Iranian supply keep crude prices too high for private refiners, prompting some analysts to trim forecasts for the coming months.

A nascent recovery in Chinese oil demand has begun to falter, as continued fighting in the Middle East and limited Iranian supply keep crude prices too high for private refiners, prompting some analysts to trim forecasts for the coming months.
China Crude Comeback Loses Steam (ORG) Iran War (EVENT) Chinese (ORG) the Middle East (LOCATION) Iranian (ORG)
Originally published by Bloomberg Markets Read original →

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