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China Is Squeezing India Out of Russia’s Oil Trade
China is buying more Russian oil to replace missing Iranian barrels.
Source OilPrice Story Brief Updated 1h 08m ago
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Story Brief
China is buying more Russian oil to replace missing Iranian barrels. The problem for India is that some of those Russian barrels used to be its barrels. China’s seaborne imports of Russian crude are estimated at 1.25 million barrels per day in August, according to Kpler data, cited by Reuters.
Read full article on OilpriceAI summaries can be wrong sometimes—always verify important details using the source article.
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