State firms ask for assistance from Beijing ahead of EU sanctions China’s largest oil companies have been calling for government help to keep Russian crude imports flowing as new EU sanctions are set to kick in next month, Bloomberg reported on Wednesday. People familiar with the matter told the media outlet the refiners are worried about their ability to work out the payment channels, logistics, and insurance needed to keep buying from the OPEC+ producer after December 5. Some solutions that have been floated reportedly include increasing the volume of Russian oil transported via pipelines, setting up a designate
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