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News & Current Events Apr 23, 2026 at 8:44 PM

China accumulated huge oil reserves before the war in Iran

Posted by Darshan_brahmbhatt


China accumulated huge oil reserves before the war in Iran
Ukrainian National News (UNN)
China accumulated huge oil reserves before the war in Iran
УНН Economy ✎ China purchased 1.1 million barrels of oil daily, surpassing the US in reserve volumes. China's strategic reserves reached a record level in 2026.

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Purple_BlackCat Apr 23, 2026 +3544
Yeah it was dirt c**** before the war, like imagine starting a war and not filling your reserves beforehand that would be crazy.
3544
daviddjg0033 Apr 23, 2026 +709
Do you remember the time the US sold oil to China and then was criticized for selling the oil but then prices went beyond zero they went negative? The more salient issue is why did the SPR not get filled after a candidate runs on it?
709
Familiar-Seat-1690 Apr 24, 2026 +308
The part I really don't understand is why did DJT not fill the reserve before declaring war? I would think slowly and with a level of stealth fill it to the brim.
308
spidereater Apr 24, 2026 +396
Maybe he couldn’t figure out how to personally profit from it.
396
JJBeans_1 Apr 24, 2026 +121
I doubt he has ever had to fill up anything with gas in his whole life. He probably didn’t know how to do it.
121
GuelphEastEndGhetto Apr 24, 2026 +113
If the reserves were at 30%, then increased to 40%, that’s a 400% increase. Or something like that.
113
Kahgar Apr 24, 2026 +31
This Guy read the Art of the Deal, absolute peak Trump maffs.
31
alexefi Apr 24, 2026 +1
He just math differently.. we all know it.
1
Pengawena Apr 24, 2026 +9
He can’t close an umbrella
9
JJBeans_1 Apr 24, 2026 +3
It’s probably a small hand issue.
3
alexefi Apr 24, 2026 +1
Or open doors
1
Black_Moons Apr 24, 2026 +24
More like others figured out they could profit more from the US being vunerable to oil prices and told trump not to do it.
24
DillBagner Apr 24, 2026 +5
This, pretty much. He doesn't do things for the country. He does things for himself.
5
Elegant-Lawfulness25 Apr 24, 2026 +43
This is very dumb but I think Trump wanted the war to be a surprise because that makes better TV. He kinda has a pattern to that. That is why he hates leaks. If he has a terrible idea and people know they will do something to stop him. If he just does it, we'll it's to late we need to deal with the consequences.
43
DillBagner Apr 24, 2026 +2
The only thing surprising about it was that they started it 3 hours later than I expected. It was seriously telegraphed that much that a person who doesn't even keep up with this sort of thing normally saw it coming down to the date.
2
amglasgow Apr 24, 2026 +81
Because he decided to go to war on a whim after he saw his polling was catering and everyone believes he's all over the Epstein files.
81
koshgeo Apr 24, 2026 +12
All those tweets from Obama's time are quite telling. "Now that Obama's poll numbers are in tailspin - watch for him to launch a strike in Libya or Iran. He is desperate." "Remember that I predicted a long time ago that President Obama will attack Iran because of his inability to negotiate properly-not skilled!" "Remember what I previously said--Obama will someday attack Iran in order to show how tough he is." "Don't let Obama play the Iran card in order to start a war in order to get elected--be careful Republicans!" I don't know WHY Trump ever thought attacking Iran would benefit someone politically, but for some bizarre reason he did, historically. In his twisted mind he decided to do it because of the same nonsensical "logic" he was projecting back then. It's like telling a kid not to put their hand on a hot stove. The guy is an idiot.
12
hpark21 Apr 24, 2026 +66
Probably both: 1. He thought war will be over in 2 weeks. 2. He is an idiot.
66
idontlikeflamingos Apr 24, 2026 +15
Also 3. He and his handlers are profiting from high gas prices and the economic turnoil this causes. He never gave a shit how any of his actions affect the lives of everyday Americans. I don't see why he would do something to reduce damage to them when he can profit from privileged information in an unstable market.
15
Old_Leopard1844 Apr 24, 2026 +3
Two week special military operation lol
3
WechTreck Apr 24, 2026 +13
*"slowly and with a level of stealth fill it to the brim."* That's more suspicious than buying shares in an oil company, calling Solar power woke, and bulk buying oil for the SPR loudly and proudly.
13
Skythewood Apr 24, 2026 +12
He probably thought that Venezuela would be the reserves, then forgot about the details.
12
Annual-Reason2970 Apr 24, 2026 +7
plan? this moron can't plan anything..
7
block-bit Apr 24, 2026 +1
Unless its a concept of a plan
1
AmericanSahara Apr 24, 2026 +2
They probably didn't mine the disruption caused by the tariffs, wars and shifts in US energy policy. Some people make money, and some people lose money. Most people are stuck with inflation that is driving the young working poor people into poverty, and more retired people will out live their savings sooner rather than later.
2
kvothe5688 Apr 24, 2026 +5
because it was not trump who was in charge. it was bibi taking the shots
5
TonySu Apr 24, 2026 +4
The ability to plan is a sign of intelligence and cognitive function. To understand what happened, imagine if the people in charge were really f****** stupid and in cognitive decline due to old age and/or alcoholism. Never attribute to malice that which is adequately explained by stupidity.
4
Money_Do_2 Apr 24, 2026 +1
We invaded a country with massive oil reserves
1
Mana_Seeker Apr 24, 2026 +1
He filled up via Venezuela
1
SomeGalNamedAshley Apr 24, 2026 +1
Or loudly as part of negotiations.
1
adrr Apr 24, 2026
Why didn’t Trump fill it when prices fell off a cliff during the pandemic? Caused record oil companies in the US to go bankrupt causing supply issues a few years later. Trump has no forethought.
0
FightOnForUsc Apr 24, 2026 +5
It was pretty close to the max during the pandemic (and had been there for decades. What was used was mostly in 2022 to soften the price spike that year
5
DrunkenSwimmer Apr 24, 2026 +3
Because it collapses. The SPR is not a normal storage system, but rather a series of salt dome storage fields. When a significant portion of the reserve is withdrawn. The roofs collapse, reducing the capacity and requiring remediation before it can be refilled fully again.
3
binzoma Apr 24, 2026 +2
wait so if you decrease demand you impact price?? whaaaaat??? nawwwww demand and supply have nothing to do with each other, duh! its vibes yo, NFTsssssssss/crypto etc!!!!
2
Odd_Vampire Apr 23, 2026 +178
That's because the war was going to be quick and overwhelming, like it was in Venezuela but maybe a couple days longer, and after that, the U.S. was going to take control of the Iranian oil.  Dontcha know?
178
jawstrock Apr 23, 2026 +59
Seems simple enough. Why didn't the stable genius just do that?
59
lawyer_geospatial Apr 24, 2026 +1
he did do that. he sank our own economy /s
1
daveashaw Apr 24, 2026 +43
Same reason the Heer didn't need Winter uniforms in Operation Barbarossa--the war was going to over by October, and anybody who dissented from that conclusion was a "defeatist."
43
TrumpDesWillens Apr 24, 2026 +5
They were then going to swing over to Cuba.
5
jseah Apr 24, 2026 +3
3 day special military operation. It'll be quick, don't even need to go to congress.
3
Propofolly Apr 24, 2026 +4
Trump has learned so much from his friend Putin! Here he is following the 3-day-Ukraine-war playbook.
4
Key-Rough-8346 Apr 24, 2026 +17
Trump had the chance but he was too dumb to do it. China was doing it because it was just a sensible thing to do in general, even without a war being planned. That is, to whatever extent Trump planned this war.
17
LPSD_FTW Apr 24, 2026 +9
Its not just that he had the choice - filling up the reserves were part of his election promise
9
Key-Rough-8346 Apr 24, 2026 +5
It would’ve been such an easy election promise too. He found money for ICE, he’d certainly find money for c**** oil. But alas, we have a petulant manchild as president.
5
needefsfolder Apr 24, 2026 +2
Now people don't have money for their ICE. *I see myself out*
2
beefstake Apr 24, 2026 +2
ICE is his plan for keeping himself in power though, so it's funded before and above anything else.
2
sanguinare12 Apr 24, 2026 +1
Wouldn't be surprised if China doubled down on filling the tanks while Trump was busy getting his navy in place. Banking on the moron in chief demonstrating why he's the moron in chief seems a solid bet.
1
Potates42 Apr 23, 2026 +57
Yeah maybe the US should have been doing that instead of doing nothing to only b**** about it after the fact.
57
I_Push_Buttonz Apr 23, 2026 +69
Ironically Trump spent much of the election whining about Biden depleting the reserve by releasing half of it in the wake of Russia's invasion of Ukraine when energy prices spiked to keep prices low for Americans until energy markets normalized. He kept saying refilling the strategic reserve would be one of the first things he would do. And then never did it, despite rock bottom oil prices the entire first year of his second term.
69
Manos_Of_Fate Apr 23, 2026 +13
Pretty sure that was sarcasm.
13
Potates42 Apr 23, 2026 +2
I wasn't arguing with them not sure why you're getting that idea.
2
FenrisCain Apr 23, 2026 +12
Doubly c**** for them since they were largely filling their reserves with oil from Russia, who they have by the balls atm
12
Drongo17 Apr 24, 2026 +9
I think Russia's official name is now China Presents: Russia
9
sjogren Apr 24, 2026 +1
Oh that's good.
1
ASValourous Apr 24, 2026 +1
“Imagine being Australia”
1
fleshtomeatyou Apr 24, 2026 +1
Feels like Trump is playing against the US and the EU.
1
GloomWorldOrder Apr 24, 2026 +1
It's like the Americans told them in advance.
1
MikeSifoda Apr 24, 2026 +1
Starting a war? You mean the US?
1
RobertLeeSwagger Apr 23, 2026
And then acting like offering the world a fire sale on your oil is a huge win for the country. Just bleeding us dry for the temporary perception that you’re not destroying the global economy.
0
_pepperoni-playboy_ Apr 23, 2026
Right? That’s like bankrupting multiple casinos…
0
Free_Account9372 Apr 24, 2026 +725
China watched the US build assets in the middle east for weeks. They knew what was going to happen. 
725
Popular-Departure165 Apr 24, 2026 +222
They were probably listening to people talk about it for even longer.
222
Some-Band2225 Apr 24, 2026 +175
You think it’s possible that they infiltrated Hegseth’s Facebook marketplace strategic planning group?
175
[deleted] Apr 24, 2026 +21
[deleted]
21
surely_not_a_spy Apr 24, 2026 +1
Please tell me this is a joke. This sounds too detailed not to be, but God how I hope it is...
1
Some-Band2225 Apr 24, 2026 +1
No, you’re thinking of the group for Pacific operations and whole milk. CENTCOM uses a ‘buy nothing’ marketplace group where they complain about Europeans.
1
EqualPassenger4271 Apr 24, 2026 +2
Maybe, definetly, but maybe!
2
koshgeo Apr 24, 2026 +1
They wouldn't even have to. What would be the downside to hedging for the possibility? China knows it is vulnerable economically to oil supply disruptions, and if the US was moving more and more assets into the Middle East, some kind of disruption was a plausible outcome.
1
Eko01 Apr 24, 2026 +1
Would they even need to? There was fairly compelling evidence DOGE straight up sent everything they got their paws on to Russia, and I sincerely doubt the guys who've fired their cyber security board are somehow on top of dealing with that. Especially considering it happened with their blessing  
1
OkFix4074 Apr 24, 2026 +5
Probably they were part of a signal chat !
5
upvotesthenrages Apr 24, 2026 +26
They were stockpiling long before that. It's not rocket science though. They, and most other serious analysts, knew what Iran would do if attacked. Israel & the US have not been silent about their intentions, and it's been a loooong time coming. This was just hedging against that.
26
clera_echo Apr 24, 2026 +25
China has also been preparing for the worst case scenario for decades, for if and when they try to launch a military campaign against Taiwan, all chokeholds that the US military and allies have control over will be closed. Wrong strait but same scenario this time round.
25
Serpentongue Apr 23, 2026 +900
America had the same opportunity. Trump announced last year he was going to refill the strategic reserve and then just didn’t.
900
socialistrob Apr 23, 2026 +246
Also China has been investing extremely heavily in elect vehicles as well as installing massive amounts of solar, wind and nuclear energy. While no one is immune to energy shocks caused by the war China has been cutting their dependence on Middle Eastern energy for years.
246
Akiasakias Apr 24, 2026 +56
While true, its use of oil has also increased over the same period. They are just using more of everything, not cutting their dependence.
56
Playful_Rip_1280 Apr 23, 2026 +49
I read the US reserve is actually larger than China’s in terms of days of energy use
49
TurtleIIX Apr 23, 2026 +116
Yeah because we are a world supplier of oil China isn’t.
116
justinballsonya Apr 23, 2026 +23
Yeah it's a recurring annoying thing that people repeat that the US isn't prepared with oil.
23
mfkimill Apr 23, 2026 +12
That doesnt matter now becuse the US is the world leader in oil producer
12
son_et_lumiere Apr 24, 2026 +12
now if it could only refine what it produces (light sweet fracked) and wasn't tooled for crude which comes from the mideast.
12
Akiasakias Apr 24, 2026 +4
8% comes form the mid east. This isn't the 1990s anymore. Even that amount isn't critical, just convenient. Our heavy sour comes from Alberta, and its a captive market, they don't have the pipelines needed to take it anywhere else.
4
takeda64 Apr 23, 2026 +2
Sure it is, but it was like 1/3 full when he started this war.
2
Akiasakias Apr 24, 2026
That is not unusual. They buy and sell constantly. Its not meant to be maintained at capacity all the time.
0
takeda64 Apr 24, 2026 +2
Sure, but it was his choice to attack Iran and he did it without any preparation. You would think that such genius would know to refill it to full before it. In fact he was promising to restore it to full in his campaign. BTW: I think China likely filled their reserves preparing to attack Taiwan. I really don't like the latest news coming from them.
2
Akiasakias Apr 24, 2026 +1
There is no need to refill it before attacking Iran. Our primary oil sources are Texas and Alberta. Neither are at risk. Yes he should know prices will go up wildly. But that isn't a military concern it is a profit driven one.
1
fundohun11 Apr 24, 2026 +2
> That is not unusual. Sure, but usually one also doesn't start wars in the middle east.
2
Quick_Assumption_351 Apr 24, 2026 +2
looking at the list, not sure about that one chief
2
fundohun11 Apr 24, 2026 +2
Lol, I guess you have a point. It’s a bit of a tradition. “ how heard can it be?”
2
Akiasakias Apr 24, 2026 +11
US is the worlds largest producer. China is the worlds largest importer. Wildly different context.
11
cteno4 Apr 24, 2026
Why would the US need to if it’s a net exporter? Things have changed since the 70’s.
0
sillylittlguy Apr 24, 2026 +16
> Refineries run on a mix of crude oils in order to run efficiently and maximize outputs. Nearly 70% of U.S. refining capacity runs most efficiently with heavier crude. That is why 90% of crude oil imports into the United States are heavier than U.S.-produced shale crude. https://www.afpm.org/newsroom/blog/whats-difference-between-heavy-and-light-crude-oils-and-why-do-american-refineries > The Middle East Gulf was source for 8% of 2025 U.S. crude oil imports... > In 2025, the United States imported an average of 490,000 barrels per day (b/d) of crude oil from the Middle East Gulf region—Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE). Crude oil imports from the region are primarily medium sour grades of crude oil and flow mainly into the West Coast and Gulf Coast of the United States. https://www.eia.gov/todayinenergy/detail.php?id=67407 > In 2023, the United States consumed an average of about 20.25 million barrels of petroleum per day, or a total of about 7.39 billion barrels of petroleum. https://www.eia.gov/tools/faqs/faq.php?id=33&t=6
16
Akiasakias Apr 24, 2026
Alberta is a captive market. The pipes with sufficient capacity only go to the United States. Its a reliable source of the heavy sour needed.
0
kitolz Apr 24, 2026 +1
Because it was very c**** before, and an attack on Iran was certain to make prices skyrocket. Even though the US is a net exporter, it isn't immune to the effects of supply and demand for a global product. Instead of concentrating profits to oil companies (not even the US government), the price impact to consumers could have been partially mitigated with even minimal foresight.
1
StringsBeerBook Apr 24, 2026 +148
Sure they did. They’re not f****** stupid
148
palbertalamp Apr 24, 2026 +52
In 2025, China increased imports of Western Canada select, loading tankers on Canadas west coast. 70% of Canadian west coast oil exports ( originating in Alberta, via the expanded Trans Mountain pipeline ) go to China. Most of Canadas oil is still exported south , Chinas small slice got bigger for the last 18ish months. The U.S gets 4 millionish barrels a day of Canadian oil, China 0.25 ish million barrels a day. There was an increase in Chinas Canadian oil export share, although this article has a misleading headline. https://oilprice.com/Energy/Crude-Oil/China-Becomes-Canadas-Biggest-Crude-Customer-Thanks-to-Trans-Mountain.html China has been stocking up , from wherever they can. They're bridging an energy gap, ..it's interesting to me that the two highest energy generation hydro electric dams are in China. And they're building a hydro electric project three times larger than their (worlds largest ) Three Gorges, in the Tibetean platuea, where 5 tectonic plates join. Some crazy engineering there .
52
antifocus Apr 24, 2026 +13
Oil is probably more important as the basis for the petrochemicals in China than as the energy source.
13
Borne2Run Apr 24, 2026 +1
The dams are dual use. Upstream in Tibet allows them to control downflow to the Mekong and threaten to cut off freshwater to Southeast Asia. Similar to the burgeoning issue with Ethiopia having the damage upstream of the Nile causing reduced water flows to Egypt.
1
pishposhpoppycock Apr 23, 2026 +21
Has China even started tapping into their reserves yet? Or are they still only drawing down from imported fuel? [EDIT: It would seem that their government has given the go-ahead to start tapping into their reserves already...](https://www.bloomberg.com/news/articles/2026-04-10/china-allows-state-oil-firms-to-tap-their-reserves-as-war-drags)
21
InformationHorder Apr 23, 2026 +56
China is quite diversified when it comes to suppliers. They even have a lot of untapped oil reserves in the western provinces.
56
socialistrob Apr 23, 2026 +33
And not just oil. They have tons of c**** electric vehicles as well as massive amounts of solar, wind and nuclear energy. They've been preparing for oil disruptions for years.
33
Akiasakias Apr 24, 2026 +7
During the same period the oil use has only increased. They are drawing more from every available technology, but have not reduced their oil reliance.
7
Historical_Yak2148 Apr 24, 2026 +7
The oil use increased. Other source of energy also increased in that period. Do you know that that means? It means China is still rapidly developing while their opponents dont. Or are you saying that despite spent billions making electric vehicles, building nuclear plants, massive solar farms, wind turbines, dams,...just to never use those and even relying on oil more and more overtime?
7
Playful_Alela Apr 24, 2026 +24
>They even have a lot of untapped oil reserves in the western provinces. Extracting this oil at a scale to replace imports will take decades tho. The reserves in Xinjiang are 10km underground. It's also mostly in tight shale so they would need to be fracking at an insane depth to extract it (also you'd need a pipeline spanning nearly the entire length of China from West to East to get the oil where it needs to go
24
beefstake Apr 24, 2026 +12
China is uniquely good at mega-projects. If it became a necessity it would probably done way faster than anyone could imagine it happening.
12
Playful_Alela Apr 24, 2026 +1
"China is uniquely good at mega-projects" is an okay heuristic, but you need to consider the actual conditions that determine whether it's even possible to do this. China already has big problems with fresh water supply. We're talking about pulling off one of the hardest major fracking operations possible in the middle of a desert. This wouldn't just be an oil pipeline and some fracking equipment. This would require China to build massive water infrastructure and use immense amounts of fresh water for fracking (most so than Western firms with more experience would use). This would require China to divert a lot of water from agriculture to do (unlikely they will do it imo). It wouldn't just be a megaproject, they would likely need to find an entirely new way to extract it
1
Soggy_otter Apr 24, 2026 +2
They wouldn't bother. They would just buy/take it from Russia to the north.
2
Akiasakias Apr 24, 2026 +5
China does not have "a lot" of untapped. They have marginal and hard to access fields that even if fully accessed and depleted would last about 2 years.
5
Roach27 Apr 24, 2026 -2
They have about 10 billion barrels. Compared to the us having 270+ billion barrels.  They have a relative shortage of supplies when it comes to peer countries. 
-2
Thin-Theory-4805 Apr 24, 2026 +42
China is smart.
42
Rotor4 Apr 24, 2026 +47
Got to hand it to the CCP they know how to play the long game and build their country up over time. Still I wouldn't trust any of them anymore than I trust the US administration currently either.
47
melgish Apr 24, 2026 +25
China has had 5000 years of practice
25
PhysicallyTender Apr 24, 2026 +6
Past dynasties have collapsed due to a combination of disasters + lack of reserves. It will be stupid for them not to learn from history.
6
RapaNow Apr 24, 2026 +7
If one were to sign a contract/deal with China, I do believe they would hold there end of the deal. Unlike US, which is breaking contracts on a whim. So I would consider China be quite reliable.
7
PleasantWay7 Apr 24, 2026 +5
“We didn’t know what it would be, but we knew he would f*** something up.”
5
KGN-Tian-CAi Apr 24, 2026 +4
And 1.4 billion barrels in Reserve only last 3 to 6 months
4
Mindless-Peak-1687 Apr 24, 2026 +5
Headeline: China smarter than dumbfuck USA.
5
Dauntless_Idiot Apr 23, 2026 +27
>In 2025, China replenished its strategic oil reserves by an average of 1.1 million barrels per day Their math isn't adding up, but I guess this is what happens when you use estimates. 365\*1.1 = 401.5 > According to estimates, in December 2025, state reserves in China averaged about 360 million barrels 401.5-360 = -41.5 million barrels of oil in the reserves at the start. Even if we assume it didn't include December 2025, that's still -7.4 million barrels of oil. China doesn't publish data, but they could of calculated their own numbers to be sensical.
27
Butt-on-a-stick Apr 23, 2026 +20
You’re presuming that only the state has strategic reserves
20
Comfortable_Tart_297 Apr 23, 2026 +14
*could have
14
cxmmxc Apr 23, 2026 +11
You figured out all that and still can't figure out the absence of grammar that "could of" is.
11
redsparks2025 Apr 24, 2026 +20
W***** of Trump's tariff war = China. W***** of Trump's trade war = China. W***** of Trump's Iranian war = China. I'm starting to wonder just who Trump is actually working for. "*One who is skilled in warfare principles subdues the enemy without doing battle*" Sun Tzu, Art of War.
20
Impressive-Potato Apr 24, 2026 +17
His actions may benefit China but I don't think they hired him to so it. Trump is like a random crate of extra lives and gold that drops from the sky when you are playing a game
17
Jaded-Currency-5680 Apr 24, 2026 +2
before the cold war, people were debating which is better, dictatorial communist or democratic capitalist after the cold war, it became obvios that democratic capitalist is better nowadays, seems like people are finding out dictatorial capitalist is the best?
2
mcassweed Apr 24, 2026 +1
>I'm starting to wonder just who Trump is actually working for. This is the typical low level 5th grade analysis that you would expect from listnook. Trade/Tariff war was a lose/lose, China just happened to be the only country that could push back hard enough to force a deal. It's like saying Trump works for Iran because Iran is putting up a fight that the US did not expect to hurt as much as it does. Trump works for the American people, and at least 2/3 of America either voted for him or did not think it was necessary to vote against him. Reality is Trump is a reflection of the American people.
1
TWFH Apr 23, 2026 +9
From Russia?
9
Media_Browser Apr 23, 2026 +6
With love .
6
Affectionate-Act6127 Apr 23, 2026 +16
In an 11D chess move the administration pressure India to stop buying Russian oil, which made it even cheaper for the Chinese.  
16
TWFH Apr 23, 2026 +1
I mean, if we were really 'bout it 'bout it we'd just tariff anyone buying Russian oil or something.
1
Affectionate-Act6127 Apr 24, 2026 +1
Or we could remind everyone in the US that we pay higher prices for the benefits of reserve currency status and who controls access to SWIFT.   Something something HBO idiom about Lions not concerning themselves with opinion of sheep.   The long term sanction strategies are about controlling access to dollars, not getting in d*** measuring contest with economic invalids.  
1
DrMcMuffinMD Apr 23, 2026 +15
That’s because they knew what was coming…it’s not hard to figure out that the orange shitstain is a traitor…it’s hard to figure out what the f*** we are going to do to stop him
15
ArkassEX Apr 23, 2026 +18
I think it's more a countermeasure against a blockade of the Malacca Straits, which has long been pointed out as a strategic vulnerability should China find itself in a shooting war with the US and allies. It just by sheer coincidence that these measures are useful for other scenarios too, such as the US going nuts and f****** up the Straits of Homuz for everyone for no reason.
18
ProfessorTrauts Apr 24, 2026 +2
Moving so many assets into the region, there's no way the US would just attack Iran, right? Right?
2
alfi_k Apr 24, 2026 +4
Wonder why Europe didn’t do that. At this point we all know that the Americans are mentally challenged.
4
Anxious_Ad936 Apr 24, 2026 +4
That was sensible and pragmatic of them. Perhaps the rest of us could learn something. Much of the west are signed up to agreements that say we should have stockpiled more too, but seems like most of us treated those as optional.
4
ClownMorty Apr 23, 2026 +2
There's never a good time to plan for hard times in capitalism because it hurts that quarterly revenue. So just in time it is, until we have massive shortages that no one could have possibly seen coming.
2
Durian881 Apr 23, 2026 +2
Probably should consider like-for-like. *The administration assumes that both commercial and state crude oil reserves in China are part of the strategic oil reserves.* In any case, it's good for countries to accumulate reserves of resources, given how aggressive the US Regime had become.
2
BlitzNeko Apr 24, 2026 +2
For anyone saying it will run out. Yes but they planned for that and new pipe lines from Russia will be finished before it does.
2
theflyingsamurai Apr 24, 2026 +2
This isnt anything special. Hoarding huge oil reserves should be the default operating mode for china. Any major power in Asia must do so. Oil shortages is what lead Japan into WW2.
2
Doogie1x13 Apr 24, 2026 +2
Still waiting on the first person to claim that this was also insider trading.
2
Sideshift1427 Apr 23, 2026 +1
Given his previous behavior, China knows everything that Pete Hegseth says and does.
1
Awesome_Bob Apr 23, 2026 +1
i think this is why we did venezuela.
1
hackingdreams Apr 24, 2026 +1
They were talking to Russia. They knew it was going to happen before the Felon in the White House did.
1
1000TobKc Apr 24, 2026 +1
Ofcours they did
1
d_edwards7 Apr 25, 2026 +1
I read somewhere that those reserves will last until around June. Let's hope things will get resolved by then. I am not hopeful they will.
1
i8noodles Apr 24, 2026 +2
cause they don't have dumb leaders. oil was at a decade long low for ages. it would be foolish to have NOT stocked up. which they did so they can secure energy needs.
2
Deadlament Apr 24, 2026 +1
Oh so you mean China is smart as opposed to our government here in Australia.
1
lapsuscalamari Apr 24, 2026 +1
Did they stockpile urea, ammonia, sulphur and plastics and pharma inputs like ethane? Because if not, they have the same exposure of risk everybody else does to agriculture mining and health inputs. There could be worldwide food shortages.
1
Jristz Apr 23, 2026 +1
So does Japan too... Actually it's More reasonable judging for the two crisis on the 70 and 80 during the last Century
1
Far_Car430 Apr 24, 2026 +1
Some country actually does planning before a potential war? Surprise!
1
empmccoy Apr 24, 2026 +1
This was always their redundancy if they ever invaded Taiwan, they knew allies would try to chock their oil supplies which was one of their weaknesses.
1
Adventurous_Web_7961 Apr 24, 2026
China's reserves will last until June. . after that its going to get rough.
0
BBQMosquitos Apr 24, 2026
Given the size of China, I don't think huge reserves is possible.
0
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