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China ramped up crude oil imports from Russia in May, customs data showed Monday, helping to offset losses from Western nations scaling back Russian energy purchases over the invasion of Ukraine. The spike means Russia has overtaken Saudi Arabia to become China's top oil provider as the West sanctions Moscow's energy exports. The world's second-biggest…
China increases its imports of Russian crude oil in May, somewhat offsetting the decline in purchases of Russian energy by Western countries due to the invasion of Ukraine.
The 2022 summit between leaders of China, Russia, India, Brazil and South Africa (BRICS) starts tomorrow, Thursday. In a speech prec
Chinese purchases help offset losses from Western nations scaling back Russian energy purchases over invasion of Ukraine
The 2022 summit between leaders of China, Russia, India, Brazil and South Africa (BRICS) starts tomorrow, Thursday. In a speech preceding the virtual gathering, the host, Chinese President Xi Jinping,…