CANCELED: As China Cuts Off US Oil Imports By HALF, EU Faces Russian Gas Shutdown In Days
1 month ago
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CANCELED: As China Cuts Off US Oil Imports By HALF, EU Faces Russian Gas Shutdown In Days
Even before 2025 arrives, new energy shocks are coming for the global economy. Firstly, China is starting to exit US oil imports. This poses a problem for Trump as he now has to get Europe to buy expensive US energy supplies. Meanwhile, Europe is facing a big Russian gas freeze within days as the Ukraine transit deal is poised to end.
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