00:00Russia says it is ready to boost energy supplies to China as disruptions in the Strait of Hormuz continue to
00:06strain global flows.
00:08Foreign Minister Sergei Lavrov says Moscow could help compensate for China's energy shortfalls following a meeting with Chinese President Xi
00:16Jinping in Beijing.
00:19The remarks come ahead of an expected visit by Russian President Vladimir Putin, which officials say could take place as
00:26early as May.
00:27Xi has also called for closer and stronger strategic coordination between the two countries.
00:33The meeting comes as global energy markets remain under pressure from the Middle East conflict.
00:38Russia has positioned itself as a key alternative supplier, offering support to China and other countries affected by the crisis.
00:46As a result, Russia's oil export revenue surged in March, nearly doubling from the previous month after a temporary U
00:54.S. sanctions waiver.
00:55The boost has provided a critical financial lifeline for Moscow amid ongoing war spending in its fight against Ukraine.
Comments