Russia’s flagship Urals crude is being offered to Chinese buyers, a sign of market shifts as Trump takes aim at India https://t.co/UQjecz2sfl ...

Global Commodities Research 31 July 2025 J P M O R G A N Prateek Kedia (1-646) 326 1124 prateek.kedia@jpmchase.com J.P. Morgan India Private Limited Lyuba Savinova (1-212) 270-3781 lyuba.savinova@jpmchase.com JPMorgan Chase Bank NA See page 33 for analyst certification and important disclosures. {[{xTcfaSlj-ZSQMv-ljRpIM86rO6I3gfZMMwo25CIaz4vFaWGs2_KfIw}]} Who would buy Russian oil? In an effort to influence Russia to end the war in Ukraine, the Trump administration has broadened trade discussions with China ...