China could absorb incremental amounts of Russian oil by circumventing financial sanctions, experts say. Photo: EPA
Ukraine invasion: how much Russian oil will China soak up after the US, Britain announce embargo?
- China is expected to absorb incremental amounts of Russian oil following an import ban imposed by the United States and Britain
- However, uncertainty over shipping and fears of secondary sanctions mean the amount will be limited in the short term, analysts say
China could absorb incremental amounts of Russian oil by circumventing financial sanctions, experts say. Photo: EPA
