Beijing [China], May 22 (ANI): Under the shed of its so-called friendship with Moscow, China is increasing purchases of oil from Russia at bargain prices, CNBC reported citing UK media.
This comes after it initially cut back on Russian supplies, for fear of appearing to openly support Moscow and potentially expose its state oil giants to sanctions.
Protecting the country’s overseas assets from US-led sanctions, China has
China increases purchase of low-priced Russian oil: Report
