印度拒收俄罗斯石油，中国及时伸出援手，历史低价拿下海量原油

Group 1 - India's significant reduction in Russian oil imports has drawn global attention, with daily imports dropping to 1.2 million barrels in December 2025, a 40% decrease from the peak of 2 million barrels per day in June 2025, marking the lowest level in over three years [1][3] - Reliance Industries, India's largest oil buyer, has halted transactions with Russian oil companies, reflecting the conflict between business interests and political pressures, as the Modi government seeks to maintain strategic cooperation with Russia while facing Western sanctions [3][5] - The sharp decline in India's oil purchases has led to a dramatic drop in Russian oil demand, causing floating storage levels to reach a nearly ten-year high, exacerbating Russia's inventory pressure and further lowering oil prices [3][5] Group 2 - China has seized the opportunity presented by Russia's sales difficulties, significantly increasing its imports of Urals crude oil to 400,000 barrels per day, a historical high, which alleviates Russia's inventory pressure and enhances China's energy security [5] - The energy transaction between China and Russia is seen as a win-win scenario, with China benefiting from low-priced oil and Russia mitigating fiscal pressure through increased exports to China, while using yuan for settlements to avoid Western sanctions [5][7] - India's fluctuating policy on Russian oil imports indicates ongoing considerations for energy security, with reports suggesting that Reliance Industries may resume Russian oil imports in the coming months, despite pressures from the U.S. [5][7]