The Wall Street Journal: The U.S. is trying to persuade China to replace Russian oil with American oil
On the eve of Trump's visit to China, U.S. Treasury Secretary Scott Bessent plans to raise the energy issue during meetings with Chinese officials.
Bessent is pushing for a compromise plan: persuading China to reduce its oil purchases from countries such as Russia, which are U.S. adversaries, and instead purchase U.S. oil and gas products. Recently, Bessent has held private consultations with former U.S. officials, corporate executives, and political analysts. He plans to raise this issue during his meeting with senior Chinese officials in Paris in mid-March. Both sides will finalize the framework for Trump's summit with Xi Jinping in early April.
At the end of February, it was reported that Russian and Iranian oil companies were increasing price discounts to compete for the Chinese market. This situation emerged after India reduced its purchases of Russian energy.
Meanwhile, during the time when the U.S. and Israel took actions against Iran, China suspended gasoline and diesel exports (excluding supplies to Hong Kong and Macao).
Original article: toutiao.com/article/1858876586508300/
Statement: The article represents the views of the author himself.