Business & Economy · 1 views

China Moves the Price of Oil, Even When It Buys Less

China is the world’s largest purchaser of oil.

Source NYT AI Summary Updated 2h 36m ago

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Freshness Fresh Updated 2h 36m ago

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Read time 1 min ~25 words

AI Summary

China is the world’s largest purchaser of oil. But three months after the war with Iran began, it cut its imports, cushioning the global market.

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