China’s Unipec Suspends US Oil Imports as Trade Spat Intensifies

China’s Unipec Suspends US Oil Imports as Trade Spat Intensifies
Oil rigs extract crude at sunrise in Taft, Calif., on July 22, 2008. David McNew/Getty Images
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SINGAPORE/BEIJING—China’s Unipec, the trading arm of the state-run oil company Sinopec, has suspended crude oil imports from the United States because of the growing trade spat between Washington and Beijing, three people familiar with the situation said on Aug. 3.
The people declined to be identified as they aren’t authorized to speak to the media.