Russian oil supplies to China jumped 24% in 2023 data

The sanction-hit country has now surpassed Saudi Arabia as Beijing's largest crude supplier

Russia moved past Saudi Arabia in 2023 to become the largest exporter of oil to China, Chinese customs data released on Saturday showed.

Just over 107 million metric tons of Russian oil were shipped to China in 2023, a figure that comes out to 2.14 million barrels per day, thus marking a year-on-year