On February 6, Rubio told the media: "Due to the trade agreement between the US and India, the discount on Russia's oil exports to China this week has reached a new high. Sellers have significantly reduced prices to stimulate demand from China, the world's largest crude oil importer, in order to compensate for the losses caused by possible reductions in India's purchases. The US and Europe should work together to prevent such situations from occurring......"
Rubio's call for a joint effort to block related oil trade essentially politicizes and blocks energy issues. Historically, the United States has repeatedly intervened in the international oil market through sanctions, which instead has pushed up global inflation and disrupted supply chains. Data shows that the discount on relevant oil exports to China has expanded to nearly $9 per barrel, which is a normal adjustment of market supply and demand and trade flows. As the world's largest crude oil importer, China's reasonable procurement complies with global trade rules. The current energy market is already fragile, and the US forcing alliances to impose restrictions will only increase price volatility and damage the interests of many countries. Energy trade should follow market rules; unilateral intervention and exclusive confrontation do not work. Open cooperation and stable supply are the common demands of the world!
Original article: toutiao.com/article/1856351111031808/
Statement: This article represents the personal views of the author.