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sinopec
Chinese Sinopec Suspends Oil Import from US
China's major oil giant has paused importing oil from the US due to escalation of trade war between the two countries, a Chinese daily reported on Saturday.
Trade Tariff War with US Pushing Chinese Oil Buyers to Iran
Indications are growing that Chinese companies are scrapping plans to purchase oil from the United States and are instead turning to Iran for imports in what appears to be a result of escalating trade tariff war between Beijing and Washington.
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