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  • 3 days ago
Amid intensifying trade tensions with the U.S., China has cut its crude oil imports from Washington by 90%, turning instead to Canada as a key supplier. Bloomberg reports record shipments from Canada's Pacific coast, powered by the Trans Mountain Expansion pipeline. China’s strategic shift aims to diversify energy sources away from American, Russian, and Middle Eastern dependence. This marks a major realignment in global oil trade, with implications for U.S. exports and geopolitical leverage. Meanwhile, Russia and Saudi Arabia remain China's top oil partners, but Canada's role is growing fast.

#ChinaOil #USChinaTradeWar #CanadianOil #CrudeOilImports #EnergyShift #ChinaCanada #TradeTensions #OilPolitics #ChinaNews #OilCrisis #BloombergReport #TransMountain #MiddleEastOil #RussianOil #USExports #OilTrade #PetroPolitics #ChinaEconomy #GlobalEnergy #SupplyShift

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00:00High operating costs may the industry vulnerable to price and durations.

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