Core Viewpoint - China asserts it has sufficient energy resources amid disruptions in oil flows through the Strait of Hormuz due to the Iran war and U.S. pressure for assistance in securing the waterway [1][3]. Group 1: Energy Supply and Production - China's energy supply is described as "relatively strong," providing a solid foundation to handle external market volatility, according to the National Bureau of Statistics [2]. - Domestic crude oil production in China increased by 1.9% year on year, reaching 35.73 million metric tons during the January to February period [2]. Group 2: Oil Prices and Market Impact - Crude oil prices have surged past $100 per barrel, nearing four-year highs, as oil flows through the Strait of Hormuz have been significantly disrupted since the onset of the Iran war [4]. - Despite the disruptions, Iran has managed to send over 11 million barrels of oil to China through the Strait during the conflict [4].