HONG KONG -- China has greatly expanded imports of discounted Russian crude oil since Moscow's invasion of Ukraine fueled Western sanctions, but the country's oil majors have been hesitant to talk about any role they might have in the purchases.
Crude imports increase, but buyers are reluctant to speak up
China's imports of Russian crude increased 25% in the first seven months of the year. © Reuters
HONG KONG -- China has greatly expanded imports of discounted Russian crude oil since Moscow's invasion of Ukraine fueled Western sanctions, but the country's oil majors have been hesitant to talk about any role they might have in the purchases.