China pushes back at US demands to stop buying Russian and Iranian oil
CHINA, AUG 4 – China continues importing over 1 million barrels of oil daily from Iran and increased Russian oil purchases by 20% despite U.S. efforts to cut off military funding to both countries.
- On Wednesday, China’s Foreign Ministry said it will always ensure its energy supply and refused U.S. demands to stop buying oil from Russia and Iran.
- The United States seeks to restrict oil sales from Russia and Iran to reduce military funding, noting China imports over 1 million barrels of Iranian oil daily.
- Recent figures indicate China’s Russian oil imports jumped 20% in April to over 1.3 million barrels per day, according to the Kyiv School of Economics.
- On Thursday, U.S. Treasury Secretary Scott Bessent called China’s tough negotiators but said their pushback hasn’t stalled talks.
- Looking ahead, Lindsey Graham, Republican Senator, has rallied 84 Senate co-sponsors for sanctions against Russia and its financial backers.
47 Articles
47 Articles
China Keeps Buying Oil From Russia And Iran Despite US Pressure
US and Chinese officials may be able to settle many of their differences to reach a trade deal and avert punishing tariffs, but they remain far apart on one issue: the US demand that China stop purchasing oil from Iran and Russia.
China will not change its energy policy under external pressure, responding to US calls to stop buying oil from Russia and Iran.
China pushes back at U.S. demands to stop buying Russian and Iranian oil
U.S. and Chinese officials may be able to settle many of their differences to reach a trade deal and avert punishing tariffs, but they remain far apart on one issue: the U.S. demand that China stop purchasing oil from Iran and Russia. “China will always ensure its energy supply in…
China bucks US demands to stop buying Russian, Iranian oil
WASHINGTON, United States — US and Chinese officials may be able to settle many of their differences to reach a trade deal and avert punishing tariffs, but they remain far apart on one issue: the U.S. demand that China stop purchasing oil from Iran and Russia. “China will always ensure its energy supply in ways
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