May 8, 2026

Rosneft PJSC

‘No basis in international law’: China slams US sanctions on Russian oil giants; hits out at EU for targeting Beijing firms – The Times of India

‘No basis in international law’: China slams US sanctions on Russian oil giants; hits out at EU for targeting Beijing firms – The Times of India

admin03 mins

Chinese President Xi, left, and US President Donald Trump China on Thursday strongly criticised the latest US sanctions imposed on Russia’s two largest oil companies, Rosneft PJSC and Lukoil PJSC, calling the move “unilateral” and “lacking any basis in international law.“Addressing a daily press briefing in Beijing, foreign ministry spokesman Guo Jiakun said, “China consistently…

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No oil from Russia soon? Trump sanctions to hit India’s crude imports; ‘all but impossible for flows to continue’ – The Times of India

No oil from Russia soon? Trump sanctions to hit India’s crude imports; ‘all but impossible for flows to continue’ – The Times of India

admin07 mins

Indian refiners anticipate a significant decline in Russian oil imports, potentially even reaching zero. (AI image) The Donald Trump administration’s latest move to sanction major Russian oil firms Rosneft PJSC and Lukoil PJSC will likely make it almost impossible for India to continue procuring crude from Russia. Analytics firm Kpler reports that Russian oil made…

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