Crude oil all time high predictionsSinopec, China’s state-owned refining giant, has reportedly increased its imports of Russian oil to offset the supply disruptions from the Middle East. The strategic move by Sinopec may indicate an attempt to stabilize its crude supply chain amidst these regional instabilities. Key TakeawaysSinopec’s increased imports of Russian oil suggest a strategic shift to mitigate Middle East supply disruptions. The ongoing geopolitical tensions in the Middle East appear to have a significant impact on oil supply chains and market dynamics. What to WatchObservers will be closely monitoring further developments in the Middle East and any changes in Sinopec’s import strategies.