Cartel power: China and the Russian-Saudi axis – Fuel for Thought">Cartel power: China and the Russian-Saudi axis – Fuel for Thought
Ever closer relations between Saudi Arabia and Russia, the world’s two largest oil exporters, look like a nightmare for China, the world’s largest oil importer. However, as the originator of demand in a world where peak oil consumption hovers on the horizon, it is Beijing that ultimately holds the whip hand.
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