China October Crude Imports Hit 8-Month High Amid Hormuz Blockade

🛢️ BEIJING — China is buying more oil precisely when the strait supposed to block it is closed. 📌 LOOK CLOSER: With Hormuz at zero transits, China's import surge signals it secured volumes via alternative routes or pre-blockade contracts — absorbing supply others can't access. That appetite anchors the $8B Iranian ask: Beijing's demand proves Tehran's oil still moves. It also tells Washington that sanctions pressure leaks through China's back channels.