Article #30945
South China Morning Post - World News
| Title | China turns to Russian oil as Gulf supply drops – but is it too expensive? | Source | South China Morning Post - World News |
| Description | While China’s oil and gas imports from Gulf nations plunged in April amid the Strait of Hormuz crisis during the US-Israeli war on Iran, shipments from Russia have provided Beijing with a partial buffer for its growing economy. Russia’s crude shipments to China rose 11.3 per cent year on year to nearly 9 million tonnes in April, according to Chinese customs data released on Wednesday. But market conditions have also shifted. Much of the discount on Russian oil and gas – long a source of cheap... | ||
| Link | https://www.scmp.com/economy/china-economy/article/3354219/china-turns-russian-oil-gulf-supply-drops-it-too-expensive?utm_source=rss_feed | Published At | 2026-05-20 03:51:57 (2 months ago) |
| Created At | 2026-05-20 03:54:19 | Updated At | 2026-05-20 03:54:19 |