China's Tariffs on U.S. Energy Imports Spark Waiver Requests

• Traders are seeking waivers for U.S. oil and LNG cargoes already en route to China following new Chinese tariffs.
• China imposed a 10% tariff on U.S. crude oil and 15% on LNG, effective February 10, in response to U.S. tariffs on Chinese imports.
• Analysts predict a decline in U.S. crude exports due to these tariffs, potentially impacting regional markets and energy prices.

Source: Oil Price, Oil Price