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Economy & Money

China is helping to cushion global oil prices below $100 — but analysts warn it won’t last

Europe News 08 June 2026, 11:38 UTC 08 Jun 2026

China is helping to cushion global oil prices below $100 — but analysts warn it won’t last — Europe News

China has reduced oil imports since the start of the Iran war, capping global crude prices.

This story was reported by Europe News. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

Read full coverage at Europe News →

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