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354 The mystery of how China is keeping down the world’s oil prices

Vox
Joshua Keating @ Vox 2 place · 06/13/2026 07:00 EDT

The mystery of how China is keeping down the world’s oil prices

Gas prices are high right now — an average of roughly a dollar more than they were last year for Americans. But considering that we’re not more than 100 days into the closure of the Strait of Hormuz, which the International Energy Agency called the “most severe oil supply shock in history,” it seems like […]

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