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President Xi heads to Saudi Arabia amid oil price volatility

China’s President Xi Jinping is set to travel to Saudi Arabia this week, one of the world’s biggest oil suppliers. A trip to Iran is also on the cards- a country that’s a potential new source of oil for China, the world’s second largest consumer. The visits come as the price of oil is in steep decline. CCTVNEWS reporter Lorna Shaddick takes a look at what’s happening with the international market.

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