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Trump Sanctions Hit Russian Oil Trade with India, China

10/28/2025

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Story summary
  • U.S. President Donald Trump has sanctioned Russian oil firms Rosneft and Lukoil, impacting oil trade with India and China.
  • India and China, which import 3.5 to 4.5 million barrels of Russian oil daily, are adjusting operations to comply with sanctions.
  • Indian refiners, including Reliance and the Indian Oil Corporation, are adapting to sanctions.
  • The impact includes geopolitical implications as India balances its energy needs with the U.S. partnership.