China stopped buying oil from the US
China stopped buying oil from the US. This is reported by Reuters with reference to Xie Chunlin, president of China Merchants Energy Shipping (CMES), one of the largest Chinese oil transportation companies. “This, unfortunately, happened, a trade war between the US and China. Of course, this is not good for the shipping business,” Chunlin told the news agency. He added that at present, due to what is happening, his business has stopped.