China's EV Boom Quietly Erodes Oil's Biggest Chokepoint

China has long been the world's top oil importer, with a large share of supplies flowing through strategically vital maritime chokepoints that energy analysts consider critical to global markets. But the explosive growth of EV sales domestically is steadily cutting into gasoline and diesel consumption in the transport sector. Analysts say the trend is already visibly affecting the trajectory of China's crude imports and could accelerate in coming years. For global oil markets, this points to a potential softening of one of the biggest demand drivers of recent decades. Energy sector investors should factor in this structural shift when assessing the long-term outlook for oil companies.