Half Of Russia's Oil And Petroleum Exports Went To China In 2023; How China Reduced Its Energy Bill Thanks To Russian Oil Discounts
Deputy Prime Minister Alexander Novak disclosed a remarkable shift in Russia's export destinations, notably highlighting China as the recipient of half of its oil and petroleum exports, coupled with a notable surge in India's participation. As Europe's stake diminishes amidst shifting geopolitical dynamics, the redirection of Russian oil exports to China, prompted by European sanctions, has introduced new dimensions to the energy trade equation.
Source: inventiva.co.in
