At least four Chinese-owned supertankers have been shipping to China Russia’s Urals crude, per tracking data and trading sources, as Moscow seeks ships for exports following a G7 oil price cap limiting Western cargo services and insurance.
China, the top oil importer of the world, has kept purchasing Russia’s oil despite ongoing Western sanctions after Vladimir Putin and Xi Jinping, the Chinese leader, introduced a no-limit partnership before Russia’s war in Ukraine.
The sources mentioned that a...