Is China stockpiling resources in case of future war?
"China is deliberately stockpiling at speed, part of a much wider national effort to accumulate essential raw materials and resources."
In the eastern Chinese port of Dongying, the start of 2024 has often seen several tankers docked simultaneously discharging Russian crude oil into a new 31.5-million-barrel storage facility completed late last year.
It is, traders say, all part of a concerted and deliberate Chinese effort to build up strategic stockpiles for a perhaps uncertain future.
Estimates of China's total strategic energy reserve vary from 280 to 400 million barrels, the upper amount exceeding the US Strategic Petroleum Reserve at roughly 364 million. China consumes some 14 million barrels a day of oil in peacetime.
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Zohran Mamdani’s intern Arzoo Malik is calling for a Holy War through Jihad and martyrdom:
“This is all jihad, this is all ibada, and this is all counted for by Allah. How committed am I to this? What am I willing to sacrifice for this noble cause?”
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🇫🇷🇮🇷❌🇺🇸❗️ — The US thought it could quickly contain Iran with air superiority, but the war has proven longer and more complex, exposing the vulnerability of American bases and ships to missile and drone attacks, while the mounting costs and deployment needs are putting heavy pressure on the Army, according to French weekly Courrier International.
➡️ The analysis concludes that the conflict has shown the US can no longer manage a major Middle East war without heavy consequences, as it once did.
🌆 Market News Digest
May 20, 2026 EST
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