China imports the most energy, but is best placed on Iran
Published on: March 3, 2026, 7:02 p.m. | Source: The Economic Times
China's large energy reserves offer protection against rising global oil and gas prices. The nation's refiners may profit from increased exports of refined products. China also benefits from discounted Russian and potential Iranian crude. Domestic price controls shield consumers from inflation. Similar advantages exist for coal and LNG imports, ensuring stable domestic supply.
