Chinese refiner backs away from Russian oil amid sanctions fallout, Reuters says
One of inland China’s top oil buyers is sourcing non-Russian oil for winter deliveries.
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Russia’s ghost fleet circles the oceans as buyers vanish
Major oil refineries in India and China increasingly refuse Russian deliveries.
China may cut Russian oil imports by 400,000 barrels daily as US sanctions strike war budget
Energy profits make up nearly 78% of Russia's federal budget. Every cancelled shipment tightens the noose around Moscow's war financing.