Russia Was China’s Top Oil Supplier in 2024, but That’s Likely Not Going to Be the Case This Year

Source: Reuters

Russia remained firmly atop the leaderboard of China’s top oil supplier in 2024, with Saudi Arabia coming in a distant second, according to new data from the Reuters news agency.

Chinese oil buyers snapped up a record amount of Russian crude last year in anticipation that a new slate of U.S. sanctions against Russian oil exports would make it a lot more difficult to continue buying in 2025.

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by Eric Olander

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