China is boosting Russian oil purchases by nearly 50% after initially cutting back - Business Insider South Africa

China is projected to import 1.1 million barrels per day of Russian oil brought by sea, according to data from Vortexa Analytics cited by Reuters.

China is ramping up purchases of discounted Russian oil, filling the void left by Western buyers that have shunned the Kremlin's crude.  After initially cutting back when Russia invaded Ukraine in l… [+1814 chars]

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