In May, China's crude oil imports from Russia rose to a record level.
China's crude oil imports from Russia rose by 55 percent to a record level in May compared to a year earlier. In doing so, he also surpassed Saudi Arabia. the BBC wrote
According to Chinese data, Russian crude oil imports, including shipments pumped through the East Siberian Pacific Pipeline and seaborne shipments, totaled nearly 8.42 million tons.
2 million barrels per day
Shipments correspond to 2 million barrels per day, which is a quarter more than in April. China is the world's largest importer of crude oil. Chinese companies increased their imports of Russian oil after
major western oil companies and trading houses withdrew due to the sanctions.
Discounts of up to 30 percent have helped Russia maintain revenue despite Western sanctions.
Featured image: Getty Images
