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China Pauses Some Russian Crude Purchases

Bloomberg•Friday, October 24, 2025 at 12:09:57 PM
NegativeFinancial Markets
China Pauses Some Russian Crude Purchases
China's recent decision to pause some purchases of Russian crude oil marks a significant shift in its energy strategy, particularly after the US blacklisted major Russian oil companies Rosneft and Lukoil. This move could impact global oil prices and supply chains, highlighting the ongoing geopolitical tensions and the influence of US sanctions on international trade. As China navigates its energy needs amidst these challenges, the implications for both countries and the global market are worth watching.
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