China’s Oil Industry Braces For Worst-Case Trade War Scenario# Stock
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As the U.S.-China trade war continues to escalate, Beijing and its energy
giants appear to be bracing for a worst-case scenario where the spat would
drag on for years and possibly result in Chinese foreign oil supply stifled.
The idea that the world’s top oil importer could see some of its overseas
crude supply blocked has always been an unthinkable notion, but now some
analysts and Chinese industry executives suggest that China should prepare
for the very worst of the worst, such as its oil supply impacted by a
lengthy trade dispute.
giants appear to be bracing for a worst-case scenario where the spat would
drag on for years and possibly result in Chinese foreign oil supply stifled.
The idea that the world’s top oil importer could see some of its overseas
crude supply blocked has always been an unthinkable notion, but now some
analysts and Chinese industry executives suggest that China should prepare
for the very worst of the worst, such as its oil supply impacted by a
lengthy trade dispute.