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GL-Consulting-fuel-estimate

China cuts fuel use sharply as Iran war reshapes oil market
China cuts fuel use sharply as Iran war reshapes oil market
China, the world’s largest oil importer, has seen demand for fuel oil fall far more sharply than expected, three months into the Iran war - as a new reality grips the global oil market. Data from Sinopec, the operator of China’s largest petrol pump network and the world’s largest oil refiner...
World•12 June 2026