
Majority Of China’s Oil Come From Russian Reserves – Report
Fresh analysis has revealed that China has increased their number of crude oil imports from Russia in May according to their customs data which has also helped to offset some of the losses from Western nations while trying to scale back Russian energy purchases over the invasion of Ukraine.
This recent spike in the oil trade between the two nations has also shown that Russia will be overtaking Saudi Arabia to become China’s top oil provider as the West places stringent actions on most of Moscow’s energy exports.
The world’s second-biggest economy imported around 8.42 million tonnes of oil from …