The Iran War and the Impact of Expensive Oil on Chinas Economy

ADA man works in a filling station of Sinopec, China Petroleum and Chemical Corporation, in Shanghai, China, on March 22, 2018. Johannes Eisele/AFP via Getty Images3/16/2026|Updated: 3/16/2026CommentaryThe Iran war is disrupting the sanctioned oil supplies that underpin China’s low-cost manufacturing model, exposing deeper weaknesses in the country’s slowing economy.Antonio Graceffo, Ph.D., is a China economy analyst who has spent more than 20 years in Asia. Graceffo is a graduate of the Shanghai University of Sport, holds an MBA from Shanghai Jiaotong University, and studied national security at American Military University.Author’s Selected Articles