China has become a major competitor with the United States for oil.

Question

Quizplus · Accepted Answer

China has emerged as a significant player in the international oil market, surpassing the United States as the world's largest crude oil importer in 2017, according to the International Energy Agency. China's demand for oil has been steadily increasing due to its growing economy and population, and it has been investing heavily in oil exploration, production, and storage infrastructure around the world. As a result, it is now competing with the United States for access to global oil supplies, particularly in regions such as the Middle East, Africa, and Latin America.

China Has Become a Major Competitor with the United States