Russia was also China's main supplier throughout 2023, shipping 2.14 million bpd despite Western sanctions and a price cap
More than 250,000 barrels of US crude are set to arrive in India every day next month, the highest in…
The strike marks a serious escalation of attacks by Houthi militants given they have, so far, primarily targeted container vessels…
Naval forces shoot down 18 drones and 3 anti-ship missiles, ahead of a UN vote to deter such attacks. Vessel…
Together China and India accounted for around 90% of Russia’s crude exports, while Europe's share fell to only about 4-5%…
The value of bilateral trade between Russia and China surged to $21.18bn last month, its highest since Russia invaded Ukraine…
The US State Department says price caps on Russian oil lets buyers, like China, "drive a harder bargain" in their…
India has become the top buyer of seaborne Russian oil, mainly Urals, since Western sanctions were imposed on Moscow over…
China has repeatedly denied sending military equipment to Russia since Moscow's all-out invasion of Ukraine in February 2022
Sources claim two of India's three private refiners have settled some recent Russian oil import deals in Chinese yuan
Prior to sanctions imposed by the West, which cut Moscow off from international financial systems, Russia made the dividend payments…
The deal, for 100,000 tonnes of crude from Moscow, was completed in the Chinese currency and not the US dollar…