US curbs on Russian crude: Will India & China stop buying? Why it’s highly unlikely
N Shorts
US curbs on Russian crude: Will India & China stop buying? Why it's highly unlikely
US sanctions on Russia's Rosneft and Lukoil are unlikely to halt Indian and Chinese crude purchases, though short-term disruptions are anticipated. While buyers reassess risk, direct purchases by non-US entities remain legally permissible, suggesting major export disruptions are improbable.
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