Oil Tariff Hits Just as Six Ships Head to China With U.S. Crude
- American crude headed for China could get redirected elsewhere
- China is seventh largest buyer of U.S. oil in 2019: Census
Photographer: Marcelo del Pozo/Bloomberg
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Six ships carrying about 12 million barrels of U.S. crude are headed to China just as Beijing prepares to impose its first ever levy on American oil next month.