U.S. Sanctions Unlikely to Make India, China Quit Russian Oil
The U.S. has imposed new sanctions targeting Russia’s major oil firms Rosneft and Lukoil as part of efforts to reduce Moscow’s revenues amid the Ukraine war. These include restrictions on financial transactions and oil shipments that could affect global crude flows.
Impact on India and China
While the sanctions may cause short-term disruption, analysts say it is highly unlikely that major buyers such as India and China will completely halt imports of Russian oil. Both countries continue to face large energy demands and are locked into contracts and infrastructure. India is dealing with long-term deals and would find a full exit from Russian crude difficult.
Strategic Outlook
For India and China, continuing some level of imports from Russia remains a strategic and economic decision. The sanctions raise logistics, insurance and refinancing challenges, but stopping purchases entirely would risk energy security and supply stability. Instead, both countries may seek adjustments in sourcing and pricing rather than a total stop.
