China Leads Russia Fossil Fuel Purchases Since 2023

NDTV · business

China has emerged as Russia's largest fossil fuel customer since January 2023, according to data from the Centre for Research on Energy and Clean Air (CREA). The nation accounted for 35.3 per cent of Russia's total fossil fuel export earnings during this period. This significant purchasing power positions China as a crucial economic partner for Russia, particularly amidst international efforts to curb Russian energy exports.