Turmoil in Iraq 'certain to affect China oil prices'
By Du Juan | China Daily | Updated: 2014-06-17 08:01
The security crisis in Iraq will affect oil prices in China and change the mix of the country's overseas oil supply sources in the long run, energy industry experts say.
Iraq is China's fifth-largest crude oil supplier.
Lin Boqiang, director of the China Center for Energy Economic Research at Xiamen University, said on Monday it is almost certain that the situation in Iraq will drive up oil prices in China.
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