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China Aggressively Sold Oil in Recent Weeks, Mercuria CEO Says (www.bloomberg.com)
submitted 4 months ago by to c/worldnews@lemmy.ml
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https://archive.ph/re8Gl

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[–] 4 points 4 months ago (1 child)

i think i lack the necessary background to understand the implications of this.

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  • [–] [S] 12 points 4 months ago

    Basically, China is strengthening ties with their neighbours here. It also suggests that China isn't really worried about oil shortages going forward. So, if the US was trying to use the war on Iran as an attack against China's energy supplies, looks like that turned out to be a massive miscalculation.

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