CNBC
US · 2 hrs ago
✦ 75◉ Centre
How China and U.S. eased the Middle East oil shock and kept prices from spiking even higher
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Credibility 75/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
China and the U.S. are using their influence over global oil markets to mitigate supply disruptions in the Middle East and prevent sharp price increases.
How China and U.S. eased the Middle East oil shock and kept prices from spiking even higher
China and the U.S., the world's two largest economies, wield great influence over the oil market and are using it to help plug the supply gap.
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