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Posted: 2025-04-17 14:29:00 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-04-17 14:30:21 UTC
Verified By
Rollup News
China has drastically reduced its oil purchases from the US by 90% year-over-year, while increasing its purchases from Canada by 700% year-over-year, resulting in a $20 billion annual loss for the United States.
Significant shift in oil trade dynamics
Economic impact on the United States
Increased reliance on Canadian oil by China
Economic losses for the US due to decreased oil purchases by China
Potential strain on US-China trade relations
Adapting to the changing global oil market