It is the game of communication vases. According to Bloomberg, China considerably intensifies its Russian oil purchases, including large quantities at broken prices abandoned by India, anxious to escape the Trump administration. Remember that the US president said he wanted to tax the countries that buy oil from Russia (as part of the sanctions after the war carried out in Ukraine), except China at the moment.
Donald Trump has made his threat with respect to India, establishing additional taxes of 25% in Indian products imported to the United States, particularly because the giant is a large Russian oil consumer. However, he was careful not to do the same with China, with which the commercial truce extended for 90 days. He gave India, One of the world’s greatest raw oil importersthree weeks to find alternative suppliers to Russia.
Brutal fall in Russian Indian imports
And in fact, according to Bloomberg, Indian Russian oil imports fell to 400,000 barrels per day in August, against a monthly average of 1.18 million in 2025. At the same time, Chinese refiners benefit and increase their orders. At least two tankers who transport Russian black gold, with a capacity of one million barrels each, are currently waiting outside the Chinese coast, and others are expected to be expected in the coming weeks, according to the follow -up data compiled by Bloomberg.
The question is whether the United States intends to punish China in the same way as India. “Trump will not do what he knows impossible to achieve. He certainly managed to press India and can have an impact, but to press China? Probably not,” said Mikesh Sahdev, manager of the raw material markets in Rystad Energy A/S.
On August 16, Donald Trump still seemed in this line. “Given what happened today (the interview with Vladimir Putin in Alaska, an editor’s note), I don’t need to think about it,” he said. “Maybe I’m going to have to think about two or three weeks, but it is not necessary to think about it now,” he added.
Source: BFM TV
