New record! China laps up discounted Russian crude as India reduces purchases; threat of US strikes on Iran adds to jitters
Times of India
by TOI BUSINESS DESKFebruary 16, 2026
International Business News: Even as US President Donald Trump wants the world to stop buying crude oil from Russia, China’s purchases of Russian crude are set to hit a new record.
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Originally published on Times of India on 2/16/2026