China Scales Back Purchases Of Russian Oil Following New US Sanctions; Report
China Scales Back Purchases Of Russian Oil Following New US Sanctions; Report Via The Cradle Chinese state oil firms have suspended purchases of seaborne Russian oil after the US imposed new sanctions on Russian energy giants, Rosneft and Lukoil, multiple trade sources told Reuters on Thursday. Chinese national oil companies PetroChina, Sinopec, CNOOC, and Zhenhua Oil will “refrain from dealing […]
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