Mark Gilbert , Columnist

Black Gold Turns the U.S. and China Into Frenemies

Both countries are releasing crude oil from their strategic reserves. But that seeming cooperation masks a fraught relationship.

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Photographer: China Photos/Getty Images AsiaPac
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Early in the sci-fi movie “Arrival,” the protagonist Dr. Louise Banks argues that the Sanskrit word for war “gavisti” translates as “a desire for more cows.” A modern twist on the tale would make that “a desire for more oil.”