[sgxin]

It will be very silly for China to drain her strategic reserve, cos if war with India breaks out, all crude shipment from the MiddleEast will be stopped. Moreover OPEC production is also not at its peak. Thus I think US has a sinister intent by trying to get China crippled (without sufficient oil stockpile) at the onset of war.

To help the US, China should buy more crude from Iran instead, processed them and then sell it to the world.
Win-win for Iran and the world.


https://www.dailyfx.com/forex/market_ale...-Fall.html


https://www.nextbigfuture.com/2021/10/173611.html