oil import

China saves billions of dollars from record sanctioned oil imports

China has reaped savings this year of nearly $10 billion through record purchases of oil from countries under Western sanctions, according to Reuters' calculations based on data from traders and shiptrackers.

October 11, 2023
October 11, 2023

China saves billions of dollars from record sanctioned oil imports

China has reaped savings this year of nearly $10 billion through record purchases of oil from countries under Western sanctions, according to Reuters' calculations based on data from traders and shiptrackers.