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As a New Oil Power, China Gains More Sway Over Energy Markets

The New York Times

September 17, 2026 at 01:43 PM

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The war with Iran revealed just how much influence the world’s biggest oil importer has over prices and other countries’ supplies of jet fuel, gasoline and diesel.

The war with Iran revealed just how much influence the world’s biggest oil importer has over prices and other countries’ supplies of jet fuel, gasoline and diesel.

As a New Oil Power, China Gains More Sway Over Energy Markets

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