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Next post Russia has become China’s largest oil supplier after slashing its prices due to Western sanctions over the war in Ukraine. It displaced Saudi Arabia as China’s biggest provider after a 55% increase over the past year allowed the Chinese state to capitalise on low prices brought about by western countries refusing to buy oil from Russia. Russian oil exports to China totalled nearly 8.42million tonnes in the month of May, nudging out Saudi Arabia which exported 7.82million tonnes to China.