The possible reopening of the Strait of Hormuz may not prompt China to return quickly to prewar levels of oil purchases from the Persian Gulf.
Category: Stockpiling
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Taiwan’s Plastic Habit Collides With Shortages Caused by a Faraway War
The New York Times – Business:Summary TK
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U.S. Trade Deficit Grew in March
The New York Times – Business:Both exports and imports rose after the Supreme Court struck down many of the president’s highest levies in February.
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Hoarding Is Driving Energy Prices Higher Everywhere
The New York Times – Business:As wealthy nations scramble to secure stocks of oil, the result is higher prices for all and shortages in vulnerable countries.
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How China Built Its Vast Natural Gas Stockpile
The New York Times – Business:Natural gas is hard to store, but China has found a way to do it, while also developing alternate suppliers and expanding production at home.
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This Is Not China’s War, but Beijing Started Preparing for It Years Ago
The New York Times – Business:Long concerned about geopolitical crises, China redoubled efforts to secure energy security when President Trump started raising the stakes in his first term.
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Extended Mideast Conflict Would Slow Trade and Growth, W.T.O. Warns
The New York Times – Business:The trade organization said that a slowdown in trade in 2026 could become even more extreme if the war in the Middle East persists.
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Extended Mideast Conflict Would Slow Trade and Growth, W.T.O. Warns
The New York Times – Business:The trade organization said that a slowdown in trade in 2026 could become even more extreme if the war in the Middle East persists.
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China Stockpiled More Oil Before War Broke Out in Iran
The New York Times – Business:China’s oil imports rose nearly 16 percent in the first two months of 2026, adding to its growing energy stockpile.
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G7 Countries Hold Off on Releasing Emergency Oil Supplies
The New York Times – Business:Finance ministers for the seven industrialized countries met on Monday and said they would consider releasing oil from reserves but were not ready to do so now.
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The Bank Trump Is Relying On for Rare-Earth Minerals
The New York Times – Business:The Export-Import Bank is providing a $10 billion loan to Project Vault, an initiative to stockpile critical minerals. The project is the administration’s latest effort to reduce reliance on China.
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A Rug Maker Withstood One Year of Trump’s Tariffs. New Challenges Loom.
Loloi stockpiled rugs from India, Turkey and other countries in advance, but inventory is running low.