Russia, Ukraine and China
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Four major state-owned Chinese oil companies have suspended their purchases of seaborne Russian oil in response to the new sanctions imposed by the Trump administration on Rosneft and Lukoil, according to a Reuters report,
The EU isn’t just getting pushing back on China. The bloc lined up unanimous support for its 19th sanctions package against Russia earlier today after Slovak Prime Minister Robert Fico became the last holdout to fold, following Austria and Hungary.
SINGAPORE: 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 o
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China Suspends Purchases of Seaborne Russian Oil After US Sanctions Rosneft and Lukoil: Reports
Hours after the United States imposed sanctions on two major Russian oil companies, China has reportedly suspended purchases of seaborne Russian oil, Reuters reported., World News, Times Now
DONALD Trump has just blown a hole in Vladimir Putin’s warchest – and the shockwaves are already rippling through Moscow, Beijing and New Dehli. In a move branded by the Kremlin as
US President Donald Trump has indicated that he will ask China to stop its purchases of Russian oil to end the conflict in Ukraine in his planned meeting with Chinese President Xi Jinping next week in South Korea.
Both Asian countries have been some of the biggest buyers of Russian oil since Putin's full-scale invasion of Ukraine in 2022. China receives up to 20% of its crude oil imports from Russia, while India's purchases have soared from 4 million tonnes in 2021-22 to over 87 million tonnes in 2024-25.
Ukraine's president has urged the European Union to back a plan to release billions of euros in frozen Russian cash to help fund the country's defence. As EU leaders met in Brussels, Volodymyr Zelensky said he hoped they would make a "positive decision" about using €140bn (£122bn) in Russian assets currently held in a Belgian clearing house.
German Foreign Minister Johann Wadephul will urge China to relax export restrictions on rare earths and semiconductors, emphasizing fair trade as a cornerstone of successful relations during his visit to Beijing starting Sunday,
Patrick Cronin appears on Defense and Aerospace Report to discuss key policy headlines, including sanctions on China, the possibility of sending Tomahawk cruise missiles to Ukraine, President Volodymyr Zelenskyy in Washington,