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  • Top US General in Mideast: ‘I Do Worry About China Quite a Bit’

    “Central Command is becoming a newly active area of engagement between us and other great powers,” Gen. Kenneth McKenzie said during a Middle East Institute event, arguing that the region should be viewed not only as a resource drain on the U.S. military’s focus on its two nearest nation-state competitors, but as a theater for that engagement.

  • China Seeks More Oil From Middle East Producers

    “Middle Eastern producers don’t have much choice now other than to direct their oil to China,” said Carole Nakhle, chief executive of London-based consultancy Crystol Energy. It’s still risky because anything that derails China’s economic recovery from the virus could sap oil demand, she said.

  • Russia leapfrogs Saudi as China’s top crude oil supplier in April

    Russia overtook Saudi Arabia as China's top crude oil supplier in April, customs data showed, with imports rising 18% from the same month a year earlier as refiners snapped up cheap raw materials amid a price war between the two producers.

  • Saudi Loss of China Oil Market Share Likely Brief, Say Analysts

    Saudi crude exports to China could more than double to 10 million tons this month from April, according to ship-tracking firm Vortexa Ltd., with lead Asia analyst Serena Huang saying they will dwarf Russian seaborne volumes.

  • Perspective: How the coronavirus is cementing Iran’s tilt towards China

    A recent social media spat revealed how invested some powerful Iranian political groups, as well as some businesses, are in the Tehran-Beijing axis.

  • Oil falls on renewed U.S.-China tensions, global glut

    Oil prices fell on Monday on worries that a global oil glut may persist even as coronavirus pandemic lockdowns start to ease and amid a fresh spat between the United States and China over the origin of the virus.

  • Saudi Oil Exports Soar Ahead of OPEC+ Cuts on China, U.S. Demand

    The oil-price war that Saudi Arabia started last month may be over, but the effects are still rippling through the market. The kingdom’s crude exports in April skyrocketed to about 9.4 million barrels a day -- the highest level in at least three years -- due to soaring shipments to China, India and the U.S. The surge, partly the result of Saudi Arabia slashing its official selling prices last month, comes just as OPEC+ production cuts are set to take effect in an effort to reduce the oil glut.

  • Saudi Arabia Cuts $265 Million Deal With China to Fight Virus

    The deal will provide the Saudis nine million kits with a capacity to test 50,000 people per day. China will also help the kingdom with 500 medical experts, running six laboratories, including a portable lab.

  • China and COVID-19 in Saudi Media

    China’s mixed record in boosting its image in Riyadh is a reminder that soft-power competition is not a zero-sum game. Even as Saudi outlets have grown more willing to air criticisms of China, some have derided the efforts of President Donald Trump and his administration to blame COVID-19 on Beijing.

  • Trump administration urged to pressure China on promise to buy US$52 billion worth of US energy products

    In the midst of a historic collapse in crude oil prices as demand evaporates due to the Covid-19 pandemic, the American Exploration and Production Council, in a letter on Tuesday, urged the Trump administration to pressure China to act on its promised energy purchases.