Sechin: China, Not OPEC, Now Controls Global Energy Markets
🛢️ ENERGY — The man who routes Russian oil to Beijing just declared Beijing sets the price. 📌 LOOK CLOSER: Sechin's framing isn't neutral analysis — it's Rosneft's pitch to China that Moscow accepts subordination in exchange for market access. With Chinese SPR absorbing Hormuz shock and Beijing immune to US blockade pressure, China's demand signals now anchor global crude benchmarks more than OPEC cuts. Washington's sanctions architecture assumes OPEC discipline; Sechin just said that assumption is obsolete.
