China Buys More Oil as Middle East Calms | Business and Finance News

China’s crude oil imports are surging this month, hitting nearly 7.8 million barrels daily — a sharp rebound from June’s decade-low of 6.2 million — as refiners stockpile Russian and Middle Eastern crude, fueling a potential price rally. Meanwhile, oil prices dipped slightly amid a temporary pause in U.S.-Iran tensions, with both sides halting attacks and airstrikes for now — but lasting peace remains uncertain, keeping markets on edge. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/dacda3b66396fe56