US-Iran War Impacts Global Energy Supply; NYT: China Shows Resilience

AI Summary (NQ-processed)

The New York Times reported that China, despite being the world's largest oil and gas buyer, has shown greater resilience than other countries during the energy supply crisis caused by the US-Iran war. This is attributed to China's long-standing focus on reducing reliance on foreign energy and raw materials, including shifting to coal for power and petrochemicals, establishing emergency oil reserves, and investing in renewable energy.