Trump sanctions: Short-term disruption guaranteed, but will India & China completely stop buying Russian oil? Why it’s highly unlikely
US sanctions on Russia’s Rosneft and Lukoil are unlikely to halt Indian and Chinese crude purchases, though short-term disruptions are anticipated. While buyers reassess risk, direct purchases by non-US entities remain legally permissible, suggesting major export disruptions are improbable.
US sanctions on Russia’s Rosneft and Lukoil are unlikely to halt Indian and Chinese crude purchases, though short-term disruptions are anticipated. While buyers reassess risk, direct purchases by non-US entities remain legally permissible, suggesting major export disruptions are improbable.