Iran War Increases China’s Reliance on US for Specialty Gas

Financial outlets focus on how markets are adjusting to the Iran war as a drawn‑out conflict, with traders building in a long period of tight and volatile energy supply. They stress that higher oil and gas prices are hurting sectors like US agriculture while boosting Chinese solar exports and niche US gas suppliers, yet still failing to lift China’s domestic inflation. They expect investors to keep backing non‑oil energy plays and to price in weaker long‑term gas demand if the conflict drags on.

• •Energy traders are structuring positions on the assumption that the Iran war will last long enough to keep oil and gas markets tight.
• •US farmers are facing higher diesel and fertilizer costs linked to the Iran war’s impact on energy prices and supply chains.
• •China’s record March 2026 solar exports reflect foreign buyers hedging against oil and gas price shocks from the Iran conflict.
• •US suppliers of specialty industrial gases are gaining sales as Chinese buyers shift away from disrupted Middle Eastern sources.
• •China’s domestic prices remain subdued despite the Iran war’s oil shock, limiting Beijing’s ability to use imported inflation to reflate its economy.