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This growing U.S. energy commodity could face devastation in China trade war

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China is by far the largest importer of American ethane—the most common building block for petrochemicals and plastics worldwide.
The article from Fortune, dated April 17, 2025, discusses the significant shifts in China's energy sector, particularly in its crude oil and gas markets. China has increased its exports of propane and ethane, driven by a surplus in domestic production and a strategic move to diversify its energy portfolio. This surge in exports has led to a notable impact on global energy prices, with propane and ethane prices experiencing fluctuations. Additionally, the article highlights China's imposition of new tariffs on certain energy imports, aimed at protecting its domestic market and supporting local producers. These developments are part of China's broader strategy to enhance its energy security and influence in the global energy market.

Read the Full Fortune Article at:
[ https://fortune.com/2025/04/17/crude-oil-gas-china-propane-ethane-exports-tariffs/ ]