Russian Oil Keeps Flowing Despite U.S. and EU Pressure

Core Insights - President Trump is pressuring India to stop purchasing Russian crude oil, while the EU plans to cut gas imports from Russia within two years, despite ongoing Russian oil and gas exports to the EU [1] - China remains the largest buyer of Russian crude oil, with imports increasing by 4.3% month-on-month in September, totaling 8.29 million tons, which constitutes 17.5% of China's total oil imports [2] - Analysts suggest that China's increased oil purchases from Russia may be a strategic move in response to U.S. pressures, as China has little incentive to halt energy imports from Russia [3] Group 1: U.S. and India Relations - The U.S. is attempting to negotiate with India regarding Russian crude oil imports, with Trump claiming that Prime Minister Modi has made promises to comply, which Indian officials deny [4] - Russian crude oil accounts for over a third of India's total crude oil imports, making it difficult for India to cease purchases [4] Group 2: Russia's Energy Exports - India is the second-largest buyer of Russian crude oil and coal, following China, according to data from the Centre for Research on Energy and Clean Air [5] - Despite a significant reduction in financial revenues from energy exports, Russia's export volumes remain strong, including to the EU [5]