In the recent period of continued volatility in the international market, China has been fortifying its energy security defenses. Foreign media: China's diversified approach breaks through the impact of the oil crisis.

date
11/03/2026
On the 10th, international oil prices continued to fluctuate in intraday trading. Just in the previous trading day, international oil prices experienced a roller coaster market, skyrocketing and then plunging, breaking through $100 per barrel at one point and approaching $120 per barrel at its peak. The escalating tensions in the Middle East have intensified market fluctuations and raised global energy supply concerns. However, several overseas institutions have recently analyzed that, compared to most Asian countries, China is less affected by the blockade of the Strait of Hormuz. With ample strategic petroleum reserves, a diversified energy structure, and overseas deployments, China has the ability to safely navigate through this crisis.