China hides its stockpile numbers, and estimates are only what we can see. After buying loads of sanctioned oil for stockpiles, they are perfectly positioned to take advantage of trumps blunders in the straight and likely will get to set the price of oil if they aren’t already..
China hides its stockpile numbers, and estimates are only what we can see. After buying loads of sanctioned oil for stockpiles, they are perfectly positioned to take advantage of trumps blunders in the straight and likely will get to set the price of oil if they aren’t already..
Which is the interesting game-theoretic aspect of the whole conflict. China really hasn't revealed their hand
For the importer nodes those are IEA mandates. In the specific China case, the UN Comtrade data doesn't report sanctioned oil (Iran)