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Council on Foreign Relations
cfr.org
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The most surprising outcome of the Strait of Hormuz crisis to date is that the price of oil "has not risen nearly as much as many analysts expected," writes CFR expert David Hart.
"The biggest reason is that China cut its fossil fuel imports massively in the months since the closure."
Read more:
https://www.cfr.org/articles/evolution-not-revolution-why-china-isnt-pushing-its-cleantech-advantage-in-the-hormuz-crisis?utm_medium=social_owned&utm_source=bs
2026-08-01T20:32:27.677Z