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US-led price cap on Russian crude oil could see more of it shipped to energy-hungry China

China is looking to strike a balance between meeting its energy demands and maintaining relations with its major export destinations, but some Western countries have criticised Beijing for providing a lifeline to the embattled Kremlin.

Lasting effects of Putin s war may be demand destruction and fractured global trade

Even as the Canadian oil and gas industry rushes to fill the gap left by Russian crude, market disruption may mean the only real solution is what energy experts call "demand destruction," as democracies face a tradeoff between standard of living and security.

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