
A Strait of Hormuz crisis could hit global oil, but China may be less vulnerable than it looks
Oil accounts for about 20% of China's energy mix. He Xiaoxiao/VCG/Getty Images Tensions in the Middle East are raising fears of Iran blocking the Strait of Hormuz. China, a major energy importer, could be impacted, but it has diversified energy sources. Global economies are adjusting energy…
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