Russia faces new sanctions on its energy exports - but this time China and India may not come to Putin's rescue

Sat, 01/28/2023 - 08:30

Russian President Vladimir Putin (L) and Chinese President Xi Jinping pose for a photograph during their meeting in Beijing, on February 4, 2022. — Russian President Vladimir Putin and Chinese President Xi Jinping.
Photo by ALEXEI DRUZHININ/Sputnik/AFP via Getty Images

The European Union's upcoming ban on Russian oil products could spell more turmoil for the Kremlin.
China and India are unlikely to buy refined Russian fuels that were once sold to the EU, which will ban them on February 5.
That's in contrast to Russian crude oil, which were snapped up by China and India after Europe shunned those supplies.

Russia faces new sanctions on its energy exports, but this time China and India may not come to President Vladimir Putin's rescue.

The European Union will ban imports of refined Russian fuels on February 5, adding to its embargo on seaborne Russian crude oil that began in December.