The risk of Western sanctions has officially begun to outweigh the reward of discounted Russian crude for Chinese refiners. A massive pullback is underway, led by state-owned giants Sinopec and …
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oil prices
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Oil on the Brink: Trade War Turmoil and OPEC Shock Send Prices Plummeting, Russia on Edge
by admin477351Global oil markets are facing their most turbulent moment in years, as geopolitical tensions, trade war fallout, and unexpected supply shifts collide to drag oil prices to four-year lows. The …