Oilprice
- China has decades of experience in circumventing Western sanctions.
- China will be able to work around sanctions and other difficulties in buying Russian crude oil.
- Infrastructural development for oil and gas trading between China and Russia have been extremely extensive in recent years.
U.S. Sanctions Can’t Keep China From Buying Russian Oil
Simon Watkins
US Sanctions has just given China a $50 per barrel discount on any oil it requires.
ReplyDeleteWhich will then feed through to the price of Chinese goods and services.