China Pulls Back on Russian Oil; India Poised to Follow

China Pulls Back on Russian Oil; India Poised to Follow

China’s state oil giants — PetroChina, Sinopec, CNOOC, and Zhenhua Oil — have halted or reduced seaborne Russian crude purchases after new U.S. sanctions on Rosneft and Lukoil, fearing secondary penalties.

These firms… pic.twitter.com/AwXgptbXT8

— Clash Report (@clashreport) October 23, 2025