Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Trump Indicates China Could Face Secondary Sanctions for Russian Oil Purchase
The Business Guardian
|August 08, 2025
US President Donald Trump has indicated that China could face secondary sanctions or additional tariffs for buying Russian Oil.
On Wednesday (local time), the US President had hit India with additional tariffs of 25% specifically tied to the purchase of Russian Oil.
At a news conference in the White House, the US President was asked if similar secondary sanctions would apply to China given that the Chinese are the largest buyers of Russian Crude Oil. The President replied saying, "It may happen, I don't know, I can't tell you yet, we did it with India and we are doing it probably with a couple of others, one of them could be China."
According to data by the Centre for Research on Energy and Clean Air (CERA) for June 2025, China has bought 47% of Russia's crude exports, followed by India (38%), the EU (6%), and Türkiye (6%). CERA is an independent research organisation registered as a nonprofit in Finland.
This story is from the August 08, 2025 edition of The Business Guardian.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Business Guardian
The Business Guardian
GAIL'S ‘HAWA BADLO’ WINS ACCLAIM FOR AIR POLLUTION AWARENESS
GAILs Hawa Badlo campaign drives national awareness on air pollution and sustainable living.
2 mins
October 01, 2025
The Business Guardian
HOLISTIC WELLNESS FOR WOMEN: NOURISH, MOVE, REST
Women’s health is undergoing a transformative shift, with an increasing emphasis on holistic wellness.
2 mins
October 01, 2025
The Business Guardian
What every woman should know about gynaecological cancers
Gynaecological cancers, such as cervical, ovarian, uterine, and vaginal cancers, remain a critical health concern for women worldwide.
2 mins
October 01, 2025
The Business Guardian
Intel India, KATHA launch AI course to train girls
Intel India has partnered with KATHA, a Delhi-based nonprofit organisation, to launch an AI Data Annotation Course that will train 1,000 girls from the city’s under-served communities.
1 mins
October 01, 2025
The Business Guardian
TN: BJP MPs meet Karur stampede victims’ families
BJP MPs Anurag Thakur and Tejasvi Surya on Tuesday met with the bereaved families of the individuals who lost their lives in the Karur stampede on September 24.
2 mins
October 01, 2025
The Business Guardian
TRAI RESPONDS TO DOT ON PMRTS SPECTRUM ALLOCATION
TRAI has issued its response to a DoT back-reference on spectrum allocation methods for Public Mobile Radio Trunking Service (PMRTS).
1 mins
October 01, 2025
The Business Guardian
Ozonetel launches CXi Studio for AI-human collaboration
Ozonetel, an industry-leading provider of a unified customer experience intelligence platform, officially unveiled its latest innovation, CXi Studio, at the HT Media Bharat Nirmaan Conclave & Awards 2025, held on September 24 at Taj Palace, New Delhi.
2 mins
October 01, 2025
The Business Guardian
AI THAT ACTS BEFORE YOU ASK: ‘OPENAI PULSE’ SPARKS HOPE AND CONCERN
The digital age has been defined by constant innovation, where tools once thought futuristic now blend seamlessly into our daily routines.
5 mins
October 01, 2025
The Business Guardian
Plastic Surgery: Confidence or Conformity?
Now stepped into the mainstream.
1 mins
October 01, 2025
The Business Guardian
India’s Biggest Culinary Awards Are Back: Chef Davinder Kumar’s Vision Continues to Shape the Industry
When Chef Davinder Kumar talks about food, it's rarely just about taste. For him, cooking is about stories, culture, and-above all-people.
1 min
October 01, 2025
Listen
Translate
Change font size