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Crude Oil Reserves in the World

phkrause

By phkrause
in World Affairs

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phkrause

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🛢️ Charted: China's oil advantage
 
A bar chart that compares estimated strategic crude oil reserves in select countries as of December 2025. China holds 1.397 billion barrels, far above the United States at 413 million and Japan at 263 million. India has the smallest reserve shown at 21 million barrels.
Data: U.S. Energy Information Administration. Chart: Amy Harder/Axios

China has far more oil stashed away than any other country — giving it a strategic edge during the biggest oil shock in history, Axios' Amy Harder writes from new U.S. government data.

  • Why it matters: China is a huge winner in the Iran war, due in large part to energy, including its oil stockpile.

China also owns over 70% of the global solar, wind, battery and EV supply chains.

  • Those are all seeing a boost as import-dependent countries turn from oil and natural gas to renewables.

Keep reading …

phkrause

When the righteous are in authority, the people rejoice; But when a wicked man rules, the people groan. Proverbs 29;2

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