data, it is strong. helima, i want to ask you about the black sea, that all important shipping route, because we know recently russia withdrew from the black sea grain agreement. but this area can also have an impact on our energy prices. russia did, as you mentioned, pull out of the black sea grain deal it was a un brokered agreement that allowed ukrainian grain to make it to global markets. they pulled out on 17 july, and that s a big food security story. but the energy angle came to play on 4 5 august when you had ukrainian officials come out and say, it s immoral to carry russian oil and gas, and essentially they would be targeting russian energy supplies in the black sea. and we had two tankers attacked. and that raised questions about the security of black sea energy exports. and i think the biden administration was very concerned about that and several days later,
but what is interesting, when you dive into the numbers on oil imports if you look at oil imports forjune, china s oil imports, they were at multi year highs. they re a bit softer injuly, but if you look at what we re seeing now in terms of chinese oil import data, it is strong. helima, i want to ask you about the black sea, that all important shipping route, because we know recently russia withdrew from the black sea grain agreement. but this area can also have an impact on our energy prices. russia did, as you mentioned, pull out of the black sea grain deal it was a un brokered agreement that allowed ukrainian grain to make it to global markets. they pulled out on 17 july, and that s a big food security story. but the energy angle came to play on 4 5 august when you had ukrainian officials come out and say, it s immoral to carry russian oil and gas, and essentially they would be targeting russian energy supplies
but what is interesting, when you dive into the numbers on oil imports if you look at oil imports forjune, china s oil imports, they were at multi year highs. they re a bit softer injuly, but if you look at what we re seeing now in terms of chinese oil import data, it is strong. helima, i want to ask you about the black sea, that all important shipping route, because we know recently russia withdrew from the black sea grain agreement. but this area can also have an impact on our energy prices. russia did, as you mentioned, pull out of the black sea grain deal it was a un brokered agreement that allowed ukrainian grain to make it to global markets. they pulled out on 17 july, and that s a big food security story. but the energy angle came to play on 11 5 august when you had ukrainian officials come out and say, it s immoral to carry russian oil and gas, and essentially they would be targeting russian energy supplies in the black sea. and we had two tankers attacked. and that raise
the black sea grain agreement. but this area can also have an impact on our energy prices. russia did, as you mentioned, pull out of the black sea grain deal it was a un brokered agreement that allowed ukrainian grain to make it to global markets. they pulled out on 17 july, and that s a big food security story. but the energy angle came to play on 4 5 august when you had ukrainian officials come out and say, it s immoral to carry russian oil and gas, and essentially they would be targeting russian energy supplies in the black sea. and we had two tankers attacked. and that raised questions about the security of black sea energy exports. and i think the biden administration was very concerned about that and several days later, you had the announcement of essentially a safe commodity corridor in the black sea, whereby which ukraine agreed that they would only target military vessels and not commercial vessels.