Chinese crude oil imports from the Gulf region are rebounding amid months of disruption from the US-Israel war on Iran and a sharp decline in domestic inventories. Shipments from the Middle East rose 25.7 per cent month on month to 13.8 million tonnes in September, marking a third consecutive monthly increase, according to Chinese customs data. Xu Muyu, a senior crude oil analyst at data intelligence firm Kpler, said demand for Middle Eastern crude was likely to remain strong amid record...

China’s hybrid car exports to the European Union tripled in September from a year earlier, with shipments expected to remain elevated before an import cap agreed during recent trade talks takes effect. The country shipped nearly 100,000 hybrid cars to the bloc last month, up 18.9 per cent from August and 204.2 per cent from a year earlier, customs data showed on Tuesday. The surge outpaced a 142.7 per cent year-on-year rise in China’s total exports of passenger cars to the EU. Analysts said the...