Russian coal and oil paid for in yuan is about to start flowing into China, Bloomberg reported on Thursday. According to the media outlet, citing Chinese consultancy Fenwei Energy Information Service, several Chinese firms used local currency to buy Russian coal in March, and the first cargoes will arrive this month.
Russian troops have destroyed six traction substations, – units that power the railways – which are being used for delivery of “foreign weapons and military hardware to the Ukrainian forces in the Donbass,” Defense Ministry spokesman Major General Igor Konashenkov announced on Monday.
Russia became India’s second biggest crude oil supplier in May, as New Delhi stocked up on discounted Russian deliveries, Reuters reported on Monday, citing trade sources. According to the report, Indian refiners received around 819,000 barrels per day of Russian oil last month, compared to some 277,000 in April.