Russia’s Oil Flows Pivot East as China Buys More and India Pulls Back ...Middle East

Crude oil exports from Russia to China last month went up by 23% on the previous month, while exports to India declined by 29% on the month, Finnish Centre for Research on Energy and Clean Air said in its latest monthly update on Russia energy exports. Oil exports to China in December drove an 11% increase in total Russian exports, CREA noted in its report, adding that China boosted Russian oil purchases the most in December, with purchases of ESPO specifically hitting the highest in four months. India, meanwhile, under threat of more U.S. tariffs,…

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