According to public statements, China's strategic reserves are approximately 450 million barrels, and commercial reserves are about 850 million barrels, totaling roughly between 1.2 and 1.47 billion barrels. This means that in the extreme case of a complete import disruption, these reserves could support the nation's operations for about 110 to 180 days.

Japan, South Korea, Taiwan, Vietnam, Indonesia, Malaysia, Thailand... have all actively released reserve oil or provided direct subsidies to curb oil prices, with some even experiencing slight decreases instead of increases. Only China has neither issued subsidies nor released reserve oil, allowing two significant price hikes to occur.

So what kind of strategic reserve is this, exactly?

Have they invented a technology for "oil to breed oil"? Are they planning to shock the world when the time comes?