Hormuz: China Oil Demand Tapped out, Heavy Truck EVs Rise
Independent research firm Gavekal said China’s oil demand may have topped out as electric vehicles and heavy-duty trucks reshape transport fuel use.
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2 Articles
Hormuz: China Oil Demand Tapped out, Heavy Truck EVs Rise
Ann Arbor (Informed Comment) – The Iranian attack on a Qatari Liquefied Natural Gas tanker and two other ships near Oman early Wednesday morning local time was designed by the hard line Iranian Revolutionary Guards Corps to ensure that the new dominance Iran gained over shipping through the Strait of Hormuz during the 39-Day War this spring is not eroded by the United States and the Arab Gulf states. Washington and its Arab allies want to reopen…
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