# Will Oil Prices Rise as the US-Iran Truce Frays? The Answer Lies With China.

- Published: 2026-07-13T18:00:46Z
- Updated: 2026-07-14T15:59:40Z
- Section: Business
- Language: English (en)
- Source: The New York Times — https://www.nytimes.com/2026/07/13/business/energy-environment/oil-prices-iran-china.html
- Tags: The New York Times · Business
- Canonical: https://www.khabarestan.com/en/news/%DA%86%DB%8C%D9%86-%D8%A8%D8%A7-%D8%A7%D9%81%D8%B2%D8%A7%DB%8C%D8%B4-%D8%AA%D9%82%D8%A7%D8%B6%D8%A7-%D8%A8%D8%B1-%D9%82%DB%8C%D9%85%D8%AA%D9%87%D8%A7%DB%8C-%D8%AC%D9%87%D8%A7%D9%86%DB%8C-%D9%86%D9%81%D8%AA-%D8%AA%D8%A3%D8%AB%DB%8C%D8%B1-%D9%85%DB%8C%DA%AF%D8%B0%D8%A7%D8%B1%D8%AF

For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.

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