中国对普京在商言商，趁着莫迪不敢买，折扣价格拿下千万桶俄油？

Core Insights - India has reduced its purchases of Russian oil due to pressure from the Trump administration, which has threatened to impose a 25% secondary tariff on Russian oil imports starting from late August [3] - In response to India's withdrawal, Chinese refineries have seized the opportunity to purchase over 10 million barrels of Russian oil at discounted prices, with 15 batches already bought this month [1][5] - The strategic implications of this move include strengthening energy cooperation with Russia and demonstrating to Moscow that China is a reliable partner compared to India's fluctuating stance [8][9] Group 1 - India's reluctance to buy Russian oil stems from the potential 25% tariff imposed by the U.S., which has led Indian state-owned refineries to halt purchases since late July [3] - The discounts previously enjoyed by India on Russian oil have decreased, prompting Indian refineries to reassess their purchasing strategies [3] - Chinese companies have negotiated a $1 discount per barrel on Urals crude oil, which is significant given the current price of around $65 per barrel [5] Group 2 - The increase in Chinese purchases of Urals crude is primarily a commercial decision driven by price competitiveness, as Chinese refineries typically use higher-quality ESPO crude [6] - The short-term impact of increased Russian oil purchases by China has led to a reduction in demand for Saudi oil, with some refineries cutting back on September deliveries [8] - Despite the current increase in Russian oil imports, China aims to maintain a diversified energy import strategy to avoid over-reliance on a single source, learning from Europe's energy dependency issues [8][9]