tradingkey.logo

Kremlin says it is guided by official Indian and Chinese oil trade statements amid Trump remarks

ReutersOct 16, 2025 9:39 AM

- Kremlin spokesman Dmitry Peskov said on Thursday that Moscow relies on official public statements issued by New Delhi and Beijing regarding oil purchases after U.S. President Donald Trump said that India and China would stop buying Russian oil.

India and China have not publicly confirmed Trump's assertion.

Oil prices rose around 1% on Thursday after Trump said Indian Prime Minister Narendra Modi had pledged his country would stop buying oil from Russia, a move that could drain supply elsewhere.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Related Articles

Tradingkey
KeyAI