@danielea
China is seizing the opportunity to buy discounted Russian oil in large volumes, while the United States under Donald Trump imposes new tariffs on India for doing the very same. This contrasting approach from Washington is already reshaping trade flows and altering the balance of the global energy market.
China Boosts Imports, India Pulls Back
According to Bloomberg, Chinese refineries nearly doubled their imports of Urals crude in August compared to the 2025 average. The shipments, coming from Black Sea and Baltic ports, are heading directly to China, just as India sharply reduces purchases under U.S. pressure.
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