The asymmetric effect of geopolitical risk on China's crude oil prices: New evidence from a QARDL approach

•The short- and long-term impacts of international geopolitical risk (GPR) on China's crude oil (INE) prices are investigated.•A Quantile Autoregressive Distributed Lag (QARDL) approach is employed.•GPR negatively affects INE prices in most cases except the higher quantiles, where it positively affects INE prices in the short-term.