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The Nexus
WORLDMay 19 · 22:28 UTCSEMAFORBrendan Ruberry

Putin to discuss long-delayed pipeline with Xi

Russian President Vladimir Putin is visiting Beijing to potentially finalize negotiations on the PS2 oil pipeline, a critical project for Russia to offset losses from European market sanctions. The pipeline represents Moscow's primary economic lifeline as inflation devastates domestic businesses, while China may approve it due to concerns about disruptions to seaborne energy supplies from Iran.

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