Russian oil imports from China rose 55 percent year on year in May amid Western sanctions on Moscow for invading Ukraine, official data showed on Monday. Last month, the Asian giant bought about 8.42 million tons of oil from Russia, according to Chinese customs.
This is much more than the import of oil from Saudi Arabia, which is usually the main supplier to China.
China’s support for Moscow, rejected by the EU
The country is Russia’s main economic partner. The West has imposed unprecedented sanctions on Moscow in response to its attack on Ukraine. Western powers have repeatedly warned Beijing against any support for the regime of Russian President Vladimir Putin that would allow Moscow to ease the impact of sanctions.
Russia, in turn, is looking for new outlets for its goods, which Western countries have avoided since the beginning of the military intervention in Ukraine. Moscow relies on Chinese power to avoid complete economic isolation.
Chinese President Xi Jinping reaffirmed his country’s closeness to Russia during a telephone conversation with his Turkish counterpart Vladimir Putin on Wednesday. According to the Kremlin, the two leaders agreed to expand cooperation in the energy sector, among other issues.
Source: Le Figaro
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