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    Loss of Venezuelan, Iranian crude could push Chinese refiners to seek alternatives: Analyst

    CNA
    September 7, 2026
    via CNA

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    Loss of Venezuelan, Iranian crude could push Chinese refiners to seek alternatives: Analyst

    China has cushioned the impact of surging oil prices by drawing on its crude stockpiles, cutting fuel exports and benefiting from an increasingly electrified transport sector. But its supplies of discounted crude from Venezuela and Iran have been squeezed, following the Trump adm

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