US Funding Bill Prohibits China from Purchasing Oil from Strategic Petroleum Reserve

Sunday, 3 March 2024, 21:35

The recent US funding bill has put a ban on China's ability to purchase oil from the Strategic Petroleum Reserve. This move is aimed at controlling China's access to strategic oil reserves and could have significant implications for the global energy market. The decision highlights the ongoing geopolitical tensions between the US and China over energy security.

https://store.livarava.com/c8f5b6ec-d9ba-11ee-b8ba-5254a2021b2b.jpe — US Funding Bill Prohibits China from Purchasing Oil from Strategic Petroleum Reserve

US funding bill blocks China from buying oil from Strategic Petroleum Reserve

The recent US funding bill has restricted China's access to purchasing oil from the Strategic Petroleum Reserve, a significant move impacting global energy dynamics.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.