China Has Been Gorging on Black-Market Oil. That's Now Getting Harder.
WSJ·2026-01-12 10:30
Core Insights - The official crude oil market may experience disruptions due to increased crackdowns on illicit trading by the U.S. and Europe [1] Industry Impact - The actions taken by the U.S. and Europe could lead to significant changes in trading dynamics within the crude oil market [1] - Potential shifts in supply and demand may arise as regulatory measures are enforced, impacting pricing and availability [1]