Continuing story · 1 report

The Strait of Hormuz closure

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Gone quiet since

Where it stands

After the Strait of Hormuz closed, China cut crude imports by 40 percent from April through June 2026 and drew down pre-war stockpiles. The reduction helped stabilize global oil prices, but the report does not say the strait has reopened or that the disruption to oil flows has ended.

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1 report11 outlets11 sources1 video

  • No dated events yet
    1. Update 120 Million Barrels Vanished. China Kept the Price From Exploding.

    The story so far

    1. Update 1

      20 Million Barrels Vanished. China Kept the Price From Exploding.

      Up to 20 million barrels a day vanished at the April peak. Prices never exploded — because Beijing stopped buying and lived off a 1.2-billion-barrel stockpile.

      Still open after this report

      • No confirmed size of China's total import cut or exact Middle East export loss.
      • No confirmed explanation for how Chinese demand was met without disruption.

    History

    1. Opened1 report

    Who's involved

    People

    • Xi JinpingGeneral Secretary of the Chinese Communist Party since 2012 (born 1953)1 report

    Places

    • ChinaChina1 report
    • IranIran1 report
    • Strait of HormuzStrait of Hormuz1 report

    Every outlet we read on this story

    11 sources11 outlets1 video

    Also covered in

    1. Hormuz Goes Quiet: 10 Crossings a Day as U.S.-Iran Truce Expires