The Russia-Ukraine war has disrupted energy trade between the US and China as Beijing’s imports of liquefied natural gas (LNG) from the US between February and April plummeted 95% from a year ago, The Wall Street Journal reported, citing customs data.
China’s imports of Russian LNG jumped 50% during the same period amid a slowing of its economy in the wake of a strict zero-Covid policy, the report said, adding that the US redirected much of its energy towards Europe, which vowed to cut Russian gas imports following the invasion of Ukraine.
Read the full report: The Wall Street Journal.
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