Axios: China’s oil advantage

Charted: China’s oil advantage
 
A bar chart that compares estimated strategic crude oil reserves in select countries as of December 2025. China holds 1.397 billion barrels, far above the United States at 413 million and Japan at 263 million. India has the smallest reserve shown at 21 million barrels.Data: U.S. Energy Information Administration. Chart: Amy Harder/Axios

China has far more oil stashed away than any other country — giving it a strategic edge during the biggest oil shock in history, Axios’ Amy Harder writes from new U.S. government data.

Why it matters: China is a huge winner in the Iran war, due in large part to energy, including its oil stockpile.

China also owns over 70% of the global solar, wind, battery and EV supply chains.

Those are all seeing a boost as import-dependent countries turn from oil and natural gas to renewables.Keep reading … Get Axios Future of Energy.
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About michelleclarke2015

Life event that changes all: Horse riding accident in Zimbabwe in 1993, a fractured skull et al including bipolar anxiety, chronic fatigue …. co-morbidities (Nietzche 'He who has the reason why can deal with any how' details my health history from 1993 to date). 17th 2017 August operation for breast cancer (no indications just an appointment came from BreastCheck through the Post). Trinity College Dublin Business Economics and Social Studies (but no degree) 1997-2003; UCD 1997/1998 night classes) essays, projects, writings. Trinity Horizon Programme 1997/98 (Centre for Women Studies Trinity College Dublin/St. Patrick's Foundation (Professor McKeon) EU Horizon funded: research study of 15 women (I was one of this group and it became the cornerstone of my journey to now 2017) over 9 mth period diagnosed with depression and their reintegration into society, with special emphasis on work, arts, further education; Notes from time at Trinity Horizon Project 1997/98; Articles written for Irishhealth.com 2003/2004; St Patricks Foundation monthly lecture notes for a specific period in time; Selection of Poetry including poems written by people I know; Quotations 1998-2017; other writings mainly with theme of social justice under the heading Citizen Journalism Ireland. Letters written to friends about life in Zimbabwe; Family history including Michael Comyn KC, my grandfather, my grandmother's family, the O'Donnellan ffrench Blake-Forsters; Moral wrong: An acrimonious divorce but the real injustice was the Catholic Church granting an annulment – you can read it and make your own judgment, I have mine. Topics I have written about include annual Brain Awareness week, Mashonaland Irish Associataion in Zimbabwe, Suicide (a life sentence to those left behind); Nostalgia: Tara Hill, Co. Meath.
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