China and India 'launder' Russian oil and resell it to Western nations that sanctioned Moscow, study says

• China, India, and others have ramped up imports of Russian oil and are selling it to the West, a new study found.
• Analysts at CREA said the "laundromat" operation undermines the price cap and sanctions on Moscow.
• "This process provides funds to Putin's war chest," the report said.

Western nations that banned Russian oil have together imported nearly $46 billion worth of oil products from countries that have dramatically ramped up purchases from Moscow, according to a study published Wednesday from the Centre for Research on Energy and Clean Air.