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Opinion: China offers a lesson and an opportunity for Canadian energy The recent U.S.-Israel attack on Iran sent shock waves through global energy markets. The spectre of a widened conflict triggered a familiar scramble, with nations reliant on imported oil and gas bracing for economic strain. Across East and Southeast Asia, the price spike was felt instantly, threatening stability.

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14.04.2026

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Opinion: China offers a lesson and an opportunity for Canadian energy

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The recent U.S.-Israel attack on Iran sent shock waves through global energy markets. The spectre of a widened conflict triggered a familiar scramble, with nations reliant on imported oil and gas bracing for economic strain. Across East and Southeast Asia, the price spike was felt instantly, threatening stability.

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Yet, one major economy has displayed notable resilience: China. Despite a roughly 70-per-cent oil import dependency and 40 per cent for natural gas, it has absorbed........

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