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Oil Price Shock Drives 140% Surge In China's EV Exports To Record High
Oil Price Shock Drives 140% Surge In China's EV Exports To Record High
By Michael Kern of OilPrice.com,
Chinese electric vehicle exports soared by 140% to a record high in March as the fuel price shock drove consumers back to EVs.
BYD electric vehicles bound for export in China.Source: AFP/Getty Images
China exported as many as 349,000 electric vehicles last month, a record high number of any month ever, according to data from the China Passenger Car Association cited by Bloomberg.
Drivers in Asia Pacific, Europe, and the United States started searching for EVs...
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Mar 25, 2026 / Dave DeCamp
Suspected US Airstrike Kills Seven Iraqi Soldiers
Seven members of Iraq’s armed forces were killed on Wednesday in what was likely a US airstrike on a base the Iraqi military shares with the Popular Mobilization Forces (PMF), a coalition of mostly Iran-aligned Shia militias that the US has targeted since the start of the war with Iran. The Iraqi Defense Ministry said […]
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Mar 25, 2026 / Tyler Durden
Fuels (And Canada) Spark US Import/Export Price Surge In February
Fuels (And Canada) Spark US Import/Export Price Surge In February
As we have noted numerous times in the last week or two, inflation fears are back (or rather stagflation) as growth stagnates and prices re-accelerate...
This morning we get yet more confirmation of the second wave of inflation as US Import/Export prices blew expectations away...
US Import prices jumped by 1.5% MoM (the third monthly rise in a row) - the biggest MoM jump since March 2022.
The acceleration in prices pushed import costs up 1.3% YoY - highest since Feb 2025.
Under the...
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Mar 2, 2026 / Dave DeCamp
US and Israeli Attacks Have Killed at Least 555 in Iran: Iranian Red Crescent
The Iranian Red Crescent Society (IRCS) said in a statement on Monday that at least 555 Iranians had been killed since the US and Israel began bombing Iran on Saturday morning. Heavy US and Israeli strikes have been pounding targets across Iran since then, and President Trump vowed on Monday that the bombing would escalate. […]
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