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China imports US oil for Asian fuel markets amid Hormuz crisis


China is moving to resume large-scale purchases of United States liquefied natural gas (LNG) and crude oil, as supply disruptions in the Middle East and tightening fuel markets across Asia force Beijing to recalibrate its energy strategy. Some observers view the move as a significant concession by Beijing, or even a strategic reward to Washington, […]

The post China imports US oil for Asian fuel markets amid Hormuz crisis appeared first on Asia Times.



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