China Increases Purchases of Russian Oil Amid US Tariffs on India

According to hvylya.net: China continues to actively purchase Russian oil despite India reducing its purchases due to tariffs imposed by the US president. Chinese refineries have turned to Urals oil, which is supplied through Baltic and Black Sea ports.

Refineries in China have increased their purchases of flagship Russian crude oil...

Meanwhile, India reduced its imports of Russian oil in August, but this did not prevent China from taking on additional shares. Analysts believe this could be a good move as Urals oil prices have been low, and the additional volume will be beneficial in the future.

Currently, Urals oil is quite popular among Chinese processors, so its prices remain stable. China continues to explore opportunities in other markets like India, marking its position in the global oil market.