Trump calls on all NATO countries to stop buying Russian oil, threatens 50% to 100% tariffs on China
BASKING RIDGE, N.J. (AP) — President Donald Trump said Saturday he believes the Russia-Ukraine war would end if all NATO countries stopped buying oil from Russia and placed tariffs on China of 50% to 100% for its purchases of Russian petroleum.
A look at the top buyers of Russian oil as Trump pressures China and India to stop buying it
U.S. President Donald Trump is pushing China and India to stop buying oil from Russia and helping fund the Kremlin’s war against Ukraine. Trump is raising the issue as he seeks to press Russian President Vladimir Putin to agree to a ceasefire. But cheap Russian oil benefits refiners in those countries as well as meeting their needs for energy, and they’re not showing any inclination to halt the practice.

Three countries are big buyers of Russian oil
China, India and Turkey are the biggest recipients of oil that used to go to the European Union. The EU’s decision to boycott most Russian seaborne oil from January 2023 led to a massive shift in crude flows from Europe to Asia. Since then, China has been the No. 1 overall purchaser of Russian energy since the EU boycott, with some $219.5 billion worth of Russian oil, gas and coal, followed by India with $133.4 billion and Turkey with $90.3 billion. Before the invasion, India imported relatively little Russian oil.
3 comments
David Bowie
3 hours agoLogan Cee
2 dayes agoLuis Diaz
December 25, 2022