Thursday, 16 July 2026 · World
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EUROS The World Financial Report
Nº 5 Thursday, 16 July 2026 · World Edition
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Will Oil Prices Soar as the U.S.-Iran Truce Frays? The Answer Lies With China.

NYT > Business · 3d ago · 🇺🇸 United States
Will Oil Prices Soar as the U.S.-Iran Truce Frays? The Answer Lies With China.

For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.

Read the full story at NYT > Business →