Russia's oil sales to China have hit their highest level since the invasion of Ukraine
Russia's oil sales to China have hit their highest level since the start of its war with Ukraine last year,The commodities analytics firm found that Russian crude and fuel oil flows to China rose to 1.66 million barrels a day last month, up from 1.2 million December.
Previously, the highest level since the war began was 1.4 million in June 2022. The latest figure also topped the record of 1.6 million set in April 2020. Last month's increase in exports comes after China relaxed its zero-COVID policies in December, spurring more demand for energy. Meanwhile, China has been snapping up discounted Russian crude as the West shuns Russia. Russian crude suppliers were slammed with sanctions from the European Union, which banned and
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