What: China Stopped Buying Oil from the US?
There are many reasons why China made the decision to forgo purchasing oil from the US. The BRICS countries play a pivotal role in China's new energy strategy. Russia, for instance, has become a crucial supplier of oil to China. Despite Western sanctions on Russia following its actions in Ukraine, the energy trade between China and Russia has flourished. This relationship is mutually beneficial: Russia gains a stable market for its oil, while China secures a reliable source of energy, less susceptible to Western political pressures.
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