A US funding bill aims to prevent China from purchasing oil from the Strategic Petroleum Reserve.

A US funding bill would block China from purchasing oil from the Strategic Petroleum Reserve, as lawmakers seek to address competition with the Chinese government. The measure follows sales of SPR oil to China-owned companies, raising concerns about US energy security. The bill is part of a bipartisan effort to curb China's access to US markets, amid rising tensions between the two nations.

March 03, 2024
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