US Sanctions on Russian Oil Giants Send Shockwaves Across China

Bloomberg•Thursday, October 23, 2025 at 4:21:58 AM

The recent US sanctions on Russian oil giants are causing significant disruptions in China's oil industry, impacting both state and private refiners. These companies are now under increased pressure to maintain their supply chains while avoiding potential penalties. This situation is crucial as it highlights the interconnectedness of global energy markets and the challenges faced by countries reliant on Russian oil, ultimately affecting energy prices and availability in the region.

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