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Beijing’s billion-barrel weapon: Why India must prepare for China-driven oil prices

China has accumulated as much as 1.4 billion barrels in strategic and enterprise-controlled inventories, according to a new RAND study. That is more than three times the roughly 413 million barrels held in the US government’s Strategic Petroleum Reserve.

Beijing’s billion-barrel weapon: Why India must prepare for China-driven oil prices

We haven't written up this one. Times of India has the full story — the link below goes straight to it.

Read the original at timesofindia.indiatimes.com →

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