China Just CUTS OFF Main Gas & Oil Import from Russia - A Devastating Blow to Biggest Russian Income

Key Topics to Cover
Why Sinopec & Zhenhua Oil Halted Imports
Context: “Dumping cheap oil for fear of secondary sanctions,” or “China’s strategic move”?
The looming shadow of US sanctions, potential blacklisting.

PetroChina & CNOOC Reductions
Not a full stop, but a partial slash—what is the scale & rationale behind this?
Confirms a broader retreat from Russian energy?

7x Shipping Delays
The logistical meltdown: fewer shipping lines willing, riskier insurance.
Tankers forced to reroute, raising Russia’s costs & complicating deliveries.

Gazprom’s 1500 Layoffs
Direct link to losing EU & Chinese markets.
Explains deeper economic fallout inside Russia, potential further job cuts?

China’s Real Motivations
Bowing to US pressure vs. seeking long-term diversification in oil supply.
Fear of “secondary sanctions”: not wanting to upset global supply chain access?

Could Russia Pivot to Other Buyers?
India, Middle East, smaller markets—logistical & diplomatic hurdles.
“Discount strategy” but with diminishing returns & complexities.

Implications for Global Energy & EV Markets
Russia’s uncertain role in global supply.
China’s shift could push them to new deals with Middle East or Africa.

Geopolitical Chess
Russia’s isolation: “If China abandons us, who remains?”
US’s continuing “Trump style” sanctions pushing major realignments.

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