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Bolstering oil stockpile, China’s import surge seen creating a 120-day shock shield

AdvertisementChina tradeEconomyGlobal EconomyBolstering oil stockpile, China’s import surge seen creating a 120-day shock shieldCrude volumes rose sharply in January and February as Beijing amassed reserves, pre-empting Mideast risks, and analysts say it provides a strong buffer for global supply disruptions
2-MIN READ2-MIN ListenXinyi Wuin BeijingPublished: 7:00pm, 10 Mar 2026China’s surge in crude imports early this year has strengthened its stockpiles against a backdrop of rising Middle East tensions and global supply risks.
China imported 96.93 million tonnes of crude in January and February, up 15.8 per cent from the same period in 2025, according to customs data released on Tuesday. The value of those imports, meanwhile, fell 5.2 per cent from last year in US dollar terms.
“China was accumulating oil and gas stockpiles [earlier this year], with the market expecting the US to strike Iran,” said Chim Lee, senior analyst at the Economist Intelligence Unit. “It built on the record-br..

Bangladesh elections: BNP leader dies at polling station after allegedly being pushed; hit head on tree

(IANS) BNP Metropolitan leader Mohibuzzaman Kochi died on Thursday morning while going to a polling station in Bangladesh’s Khulna after allegedly being pushed by rival Jamaat supporters.Kochi, 60, was the former office secretary of Khulna Metropolitan BNP.The incident occurred around 9 am at the Khulna Alia Madrasa polling station. According to BNP, Kochi had gone to vote when he opposed campaigning inside the center. Members of the rival Jamaat allegedly pushed him, causing him to fall and hit his head. He was later taken to a hospital, where the doctor on duty declared him dead.Metropolitan BNP media cell convener Mizanur Rahman said that Kochi had gone to the Khulna Alia Madrasa center to vote in the morning. Tension was high at the center as Alia Madrasa’s principal, Abdur Rahim, was campaigning for Jamaat. When Kochi tried to stop him, Rahim and his associates allegedly pushed him, causing Kochi to hit his head on a tree. He was later taken to a private medical college hospital, ..