US President Donald Trump’s attempts to financially choke Moscow’s Ukraine war machine by imposing sanctions on Russian oil firms sent immediate ripples through offices in India and China.
Some oil companies started canceling orders to beat a November 21 deadline following the sanctions of Russia’s two largest oil firms, Rosneft and Lukoil, according to industry insiders.
Until now, the world’s two most populous nations, India and China, have largely resisted the American leader’s pleas that they stop buying Russian oil – and his threats of what might happen if they don’t.
But early signs of adherence to Trump’s “tremendous” sanctions may just be a holding pattern, analysts say, as players figure out new ways to deliver and acquire cheap Russian black gold via a sophisticated workar

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