According to analysts, China will continue to purchase Russian oil, despite the statement by US President Donald Trump about possible tariffs for importing countries of Russian raw materials. Beijing has already adapted to the current restrictions and adheres to its own economic strategy, said Alexei Belogoryev, research director at the Institute of Energy and Finance.
Finam Group analyst Sergey Kaufman stressed that China is already in a trade standoff with the United States, and is unlikely to change policy under pressure. He also added that investors have become less responsive to Trump's statements, as many of them are not being implemented.
At the same time, experts warn that for other countries, a possible increase in US sanctions pressure may become a factor in reducing the volume of imports of Russian energy resources. This, in turn, can lead to a double-digit drop in exports and an increase in the price discount.