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Taiwan's Refiners Ready to Halt Russian Naphtha Imports

10/8/2025

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Summary

Story summary

Taiwan's Economy Minister Kung Ming-hsin said October 8 private refiners are ready to stop buying Russian naphtha if European Union (EU) requests.
Move aligns Taiwan with Western sanctions aimed at limiting Russia's war funding.
Environmental groups say imports rose sixfold since 2022, generating $1.7 billion in Russia tax revenue.
Taiwan condemns Russia's invasion and supports Ukraine despite pressure from China.

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Story summary

Taiwan's Economy Minister Kung Ming-hsin said October 8 private refiners are ready to stop buying Russian naphtha if European Union (EU) requests.
Move aligns Taiwan with Western sanctions aimed at limiting Russia's war funding.
Environmental groups say imports rose sixfold since 2022, generating $1.7 billion in Russia tax revenue.
Taiwan condemns Russia's invasion and supports Ukraine despite pressure from China.