US could ban state oil sales to China – Bloomberg ...News

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US could ban state oil sales to China – Bloomberg
The measure has been proposed in a funding bill unveiled by lawmakers in Washington China could be banned from buying oil from the US Strategic Petroleum Reserve (SPR) under new provisions in budget legislation unveiled by Congress on Sunday, Bloomberg has reported. Lawmakers in Washington are seeking to prevent China from purchasing crude from the emergency reserve as part of a broader effort to address competition with Beijing, the outlet said.    The issue of SPR sales to China heated up after nearly 1 million barrels released from the oil reserve in 2022 were sold to UNIPEC America, a Houston-based subsidiary

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