China halts Russian oil buys: PetroChina, Sinopec, CNOOC, and Zhenhua Oil suspend seaborne Russian crude imports amid fear of U.S. secondary sanctions. India also complies: Indian refiners preparing to cut imports of Russian oil from 1.9 million barrels per day to secure U.S. trade concessions. Market reaction: Global oil prices surge 5% as traders brace … Continue reading Trump’s Oil Sanctions Strike Deep: China’s Sudden Pullback from Russian Crude Signals a Major Shift