DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Russia-China Oil Deal Extended, Sea Routes Preferred
Russia-China Oil Deal Extended, Sea Routes Preferred

Russia-China Oil Deal Extended, Sea Routes Preferred

Update: 2025-11-25
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Russia aims to extend crude oil export deal with China, potentially increasing exports by ten years. Current exports total around 2.3 million barrels daily, with discussions to boost pipeline flows and maritime shipments. Despite challenges, sea routes have proven more adaptable for expanding trade. Russia already supplies over 20% of Chinas oil imports, with coal as another potential energy commodity for expanded trade. This shift reflects Russias reorientation of exports eastward amidst Western sanctions.

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Russia-China Oil Deal Extended, Sea Routes Preferred

Russia-China Oil Deal Extended, Sea Routes Preferred