The Aporia
Patrick, I. (2026, October 15). China bought half of Brazil's oil exports as Iran war shut Hormuz, driving sales to record. South China Morning Post. https://www.scmp.com/news/china/article/3371064/china-bought-half-brazils-oil-exports-iran-war-shut-hormuz-driving-sales-record?utm_source=rss_feed
Patrick, Igor. “China bought half of Brazil's oil exports as Iran war shut Hormuz, driving sales to record.” South China Morning Post, 15 Oct. 2026, https://www.scmp.com/news/china/article/3371064/china-bought-half-brazils-oil-exports-iran-war-shut-hormuz-driving-sales-record?utm_source=rss_feed.
Patrick, Igor. “China bought half of Brazil's oil exports as Iran war shut Hormuz, driving sales to record.” South China Morning Post, October 15, 2026. https://www.scmp.com/news/china/article/3371064/china-bought-half-brazils-oil-exports-iran-war-shut-hormuz-driving-sales-record?utm_source=rss_feed.
Dated from the outlet's own feed. Check the original for its byline.
python maintenance.py backfill-article-summaries fills
these in.
As of October 15, 2026, China purchased half of Brazil's oil exports due to the disruption in supply through the Strait of Hormuz caused by the ongoing conflict with Iran, driving sales to a record high. According to the Brazil-China Business Council, trade between the two nations reached a historic US$143 billion in the first nine months of 2026, largely fueled by increased Brazilian oil exports to China. Crude oil sales from Brazil to China surged by 49% to reach a record US$21.8 billion, with shipments increasing by 27% in volume and prices rising by 16.8%. China's share of Brazil’s crude export market nearly quadrupled compared to the previous period, accounting for seven times more than India, the second-largest buyer.