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[-] wurzelgummidge@lemmy.ml 7 points 4 days ago

two trade sources said

[-] GiorgioPerlasca@lemmy.ml 5 points 4 days ago

The expected result is that both China and India will stop buying seaborne crude oil from Russia and purchase more pipeline crude oil. Currently, China buys ~1.4 million barrels per day (bpd) via ships and ~800,000 - 900,000 bpd via pipelines.

Russia already transports about 10 million tons of oil per year (roughly 200,000 bpd) through the Atasu-Alashankou pipeline in Kazakhstan. Even before the latest sanctions, Russia had proposed increasing this volume by 2.5 million tons annually, making this existing route the most immediate and feasible path for boosting pipeline deliveries to China.

See here: https://www.worldoil.com/news/2025/10/23/u-s-sanctions-on-russian-oil-giants-spark-supply-concerns-in-china/

[-] gary_host_laptop@lemmy.ml 7 points 4 days ago

So they're just changing the shipping method.

[-] eldavi@lemmy.ml 3 points 4 days ago

these kinds of actions make it clear that BRICS is nowhere near strong enough to stand up the G7.

[-] GiorgioPerlasca@lemmy.ml 3 points 3 days ago

Isn't it a bit early to write that?

[-] eldavi@lemmy.ml 1 points 3 days ago

very early and i'm hope i'm just a bitter old man that wants to see the world change for the better during my lifetime. lol

this post was submitted on 23 Oct 2025
17 points (100.0% liked)

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