Politics

China unlikely to absorb additional Russia barrels as US and Europe start closing shop

Russia meets 15% of China’s crude import needs, with its remaining imports locked in take-or-pay contracts

Neighbours: President Vladimir Putin at the Russia-China oil pipeline in Russia's Far Eastern region of Amur in 2010
Neighbours: President Vladimir Putin at the Russia-China oil pipeline in Russia's Far Eastern region of Amur in 2010Photo: AP/SCANPIX
  • Xu Yihe
Singapore
Published 9 March 2022, 07:31Updated 9 March 2022, 15:30
ChinaRussiaUSAUkraineNorth America