China's imports of Russian oil are on track to hit a record high as Beijing doubles down on steep discounts

• China's seaborne imports of Russian crude are on course to hit a record high in March, according to Reuters. 
• Analytics firms Vortexa and Kpler estimate nearly 43 million barrels of Russian crude will reach China this month. 
• The hefty buying comes as China snaps up Russian oil at huge discounts, and the nation relaxes its COVID-19 policies. 

China's imports of seaborne Russian oil are on track to hit a record high in March as Beijing snaps up the commodity at huge discounts.