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Erica Downs

Coverage of Erica Downs in the Nexus archive.

Earliest in view: Jul 29 · 11:00 UTCMost recent: Jul 29 · 11:00 UTC
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  • BUSINESSJul 29 · 11:00 UTCTHE ATLANTIC
    The Great Chinese Oil Mystery

    Iran's closure of the Strait of Hormuz led to predictions of oil prices exceeding $150 per barrel, but prices remained below $100 due to China's sudden halving of oil imports. China's reduced demand, equivalent to 5 million barrels daily, offset supply losses and prevented catastrophic price surges, though its methods and sustainability remain unclear.

Erica Downs · Dossier · The Nexus