China Oil Imports PLUNGE 25% From Middle East in March 2026 | Hormuz Strait BLOCKADE Crisis

China Oil Imports PLUNGE 25% From Middle East in March 2026 | Hormuz Strait BLOCKADE Crisis

106 Video Views·Apr 21, 2026  #ChinaOilImports #HormuzStrait #EnergyCrisis2026Truth

China oil imports plunged 25% from the Middle East in March 2026 as the Strait of Hormuz nears blockade.
Key facts from China’s Customs data:
• 122.6 million barrels from Saudi Arabia, Iraq, UAE, Oman, Kuwait & Qatar — down 25% YoY
• Saudi Arabia -30.7%, Iraq -46%, Kuwait -52.3%, Qatar -64.5%
• Russia imports +14%, Brazil +150%
• Malaysia (Iran transshipment) -39%
• US Treasury Secretary Bessent: Chinese tankers blocked from Hormuz
• 3 pressures: Iran strikes, Venezuela Maduro arrest, Hormuz suspension threatening 7M+ bpd
• 40%+ of China’s oil via Hormuz; 10-20 day delays, +50% freight costs
• Nomura: 73% crude & 40% gas imported; 50% crude via Hormuz
• 2025 record: 10.27M bpd seaborne, 1.38M bpd Iranian
Full TV news breakdown with all official figures.
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