US Sanctions on Russian Oil Giants Send Shockwaves Across China
FacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Bloomberg NewsOctober 23, 2025 at 4:21 AM UTCBookmarkSave
US sanctions on Russia’s energy giants are sending shockwaves deep into the heart of China’s oil industry, where both state and private refiners face heightened pressure to keep up supplies while steering clear of penalties.
As much as 20% of China’s crude imports — about 2 million barrels a day in the first nine months of this year — come from Russia, making it one of the country’s leading sources of oil for processing into products such as diesel, gasoline and plastics.
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