China widens oil purchases to extend influence from US to Iran

Beijing able to avoid tapping strategic reserves despite disruptions in Persian Gulf An oil terminal in Texas, a state serving as a major U.S. energy export hub. Reports say 15 tankers departed the U.S. for China in April. (Photo by Ryosuke Hanafusa) BEIJING — China is expanding its options for buying crude oil, including imports from the U.S., to leverage its energy security for an upper hand as President Donald Trump visits Beijing this week for a summit with President Xi Jinping.

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