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U.S. Sanctions Can’t Keep China From Buying Russian Oil — Simon Watkins

Summary:
China has decades of experience in circumventing Western sanctions.China will be able to work around sanctions and other difficulties in buying Russian crude oil.Infrastructural development for oil and gas trading between China and Russia have been extremely extensive in recent years.OilpriceU.S. Sanctions Can’t Keep China From Buying Russian OilSimon Watkins

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  • China has decades of experience in circumventing Western sanctions.
  • China will be able to work around sanctions and other difficulties in buying Russian crude oil.
  • Infrastructural development for oil and gas trading between China and Russia have been extremely extensive in recent years.
Oilprice
U.S. Sanctions Can’t Keep China From Buying Russian Oil
Simon Watkins
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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