Beijing boosts domestic oil output amid Iranian supply risks
China is directing its largest oil and gas producers to increase drilling, exploration, and build strategic supply bases as the Iran war disrupts imports, highlighting limits of even the world's largest crude stockpile.
Original · OilPrice.com AI summary of public reporting
Why: Iran war disrupts supply to China → tighter global oil market
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At publication → CurrentCL101.28 → 100.90−0.4%