Chinese President Xi Jinping is expected to strengthen energy ties with Russian President Vladimir Putin amid escalating tensions in Iran that have disrupted global oil supplies, forcing Beijing to consider increased Russian oil imports and potentially drawing on strategic reserves. The ongoing crisis in Iran, which has significantly reduced oil exports from one of the world's major producers, has created a supply vacuum that China is increasingly looking to fill through alternative sources. As the world's largest oil importer, China's energy security concerns have been heightened by the disruption, prompting a strategic pivot toward Russia as a more reliable supplier amid growing geopolitical uncertainty. This energy realignment is expected to further solidify the China-Russia partnership, potentially deepening economic and political ties between the two nations as they navigate Western sanctions and shifting global dynamics.
🏷️ Themes
Energy Security, Geopolitics, International Relations
Russia, or the Russian Federation, is a country in Eastern Europe and North Asia. It is the largest country in the world, spanning eleven time zones and sharing land borders with fourteen countries. With a population of over 140 million, Russia is the most populous country in Europe and the ninth-mo...
China, officially the People's Republic of China (PRC), is a country in East Asia. It is the second-most populous country after India, with a population exceeding 1.4 billion, representing 17% of the world's population. China borders fourteen countries by land across an area of 9.6 million square ki...
Oil is a liquid with varying degrees of viscosity depending on temperature. Oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) and lipophilic (mixes with other oils). Oils are usually flammable and surface active.
China to lean on Russian oil as Iran crisis chokes supply Register to unlock this article To read this article for free Register now Once registered, you can: • Read free articles • Get our Editor's Digest and other newsletters • Follow topics and set up personalised events • Access Alphaville: our popular markets and finance blog Register Now Explore more offers. Trial $1 for 4 weeks Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel or change your plan anytime during your trial. Select What's included Global news & analysis Expert opinion FT App on Android & iOS FT Edit: Access on iOS and web FirstFT: the day's biggest stories 20+ curated newsletters Follow topics & set alerts with myFT FT Videos & Podcasts 20 monthly gift articles to share Lex: FT's flagship investment column 15+ Premium newsletters by leading experts FT Digital Edition: our digitised print edition FT Digital Edition $35 per 3 months Today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App Select What's included FT Digital Edition: our digitised print edition Global news & analysis Expert opinion Translate instantly to 26 languages Lex: FT's flagship investment column FT Magazines, including HTSI Offline Access Standard Digital $45 per month Essential digital access to quality FT journalism on any device. Pay a year upfront and save 20%. Select What's included Global news & analysis Expert opinion FT App on Android & iOS FT Edit: Access on iOS and web FirstFT: the day's biggest stories 20+ curated newsletters Follow topics & set alerts with myFT FT Videos & Podcasts 10 monthly gift articles to share Check whether you already have access via your university or organisation. Terms & Conditions apply Explore our full range of subscriptions. For individuals Discover all the plans currently available in your country Digital Print Print + Digital For multiple readers Digital access for organisations. Includes exc...