2min chapter

Dollar & Sense: The Brookings Trade Podcast cover image

How the Ukraine war is affecting oil and gas markets

Dollar & Sense: The Brookings Trade Podcast

CHAPTER

Is China's Import of Russian Oil Violent of the Sanctions?

China says it's going to continue normal trade with both russia and europe. But on the energy side, we're really just talking about russia. Do we have a sense of what's actually happening with china's import of oil, natural gas? I think they import a lump of coal from russia as well. You're also seeing india buying a lot of russian crude. And so these additional prices are lessening the effect of sanctions, but they're also lessened the effect on oil prict - Yett.

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