Western pressure to hit Asian buying of Russian oil from December, sources say
17 October 2025
Time to read: minutes
June Goh, a senior oil market analyst at Sparta Commodities, said the UK sanctions are unlikely to significantly impact Yulong, but the refiner will find it hard to maintain operations if the EU and the U.S. follow suit.“However, since China is now exempting China-made vessels from the ruling, there is a bit of reprieve there,” she added.