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Story summary
- The ongoing conflict in the Middle East, notably the war with Iran, threatens China's energy security as oil prices rise.
- China relies heavily on Middle Eastern oil, importing about 1.38 million barrels per day from Iran.
- The disruption raises shipping costs and risks China's economic stability amid a domestic slowdown.
- China has built crude stockpiles and diversified energy sources, but prolonged disruptions could reshape its reliance on maritime oil.
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