China Boosts Russian Oil Imports in August
China's imports of Russian oil rose to 11.2 million tons (2.64 million barrels per day) in August, a 41% increase from the same period last year and a 23% rise compared to July. This reflects China's preference for purchasing oil from Moscow. Meanwhile, imports from Middle Eastern countries declined significantly: from Saudi Arabia by 47% to 3.2 million tons, from Iraq by 75%, and from Oman by 71%. China's imports from the UAE also saw a slight decrease of 4%. In contrast, imports from Malaysia and Indonesia increased, with the rise in Indonesian imports likely aimed at concealing shipments of Iranian oil subject to international sanctions.
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