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China and the US cannot break their dependence on the oil market

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The key elements of China’s foreign and defense policies over the past decade have been most significant an attempt to address the imbalance of power. The Belt and Road Initiative, with ports in Tanzania, Pakistan, Sri Lanka and Myanmar, gives Beijing a footprint in the Indian Ocean that could one day be resettled to offset the serious shortage of military supply and refueling facilities. China’s only overseas military base, in Djibouti at the mouth of the Red Sea, could serve a similar purpose.

https://www.washingtonpost.com/business/energy/china-and-the-us-cant-break-their-oil-market-codependency/2021/11/24/736fd7c2-4d83-11ec-a7b8-9ed28bf23929_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business China and the US cannot break their dependence on the oil market

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