News

China’s oil stockpiling cushions market as U.S. sanctions hit Russian crude

Seeking Alpha · last updated
Fuel drums and China flag on world map background. 3d illustration

Rawf8

China has been rapidly expanding its oil reserves in 2025, a buildup that could help shield its economy from new U.S. sanctions on Russian energy exports and tighten global supply, The Wall Street Journal reported Sunday.

Over the first nine