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China state oil majors suspend Russian crude buys
Business Standard
|October 24, 2025
Chinese state oil majors have suspended purchases of seaborne Russian oil after the United States imposed sanctions on Rosneft and Lukoil, Moscow's two biggest oil companies, multiple trade sources said on Thursday.
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The move comes as refiners in India, the largest buyer of seaborne Russian oil, are set to sharply cut their crude imports from Moscow, to comply with the US sanctions imposed over the Kremlin's invasion of Ukraine. A sharp drop in oil demand from Russia's two l
Diese Geschichte stammt aus der October 24, 2025-Ausgabe von Business Standard.
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