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Wednesday, April 24, 2024

China’s imports of Russian oil are on track to hit a record high as Beijing doubles down on steep discounts

China’s imports of seaborne Russian oil are on track to hit a record high in March as Beijing snaps up the commodity at huge discounts. According to tanker tracking companies Vortexa and Kpler, an estimated 43 million barrels of Russian crude are set to be delivered to China this month, per Reuters. …

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