EU grapples with how to navigate Trump’s demands on Russian oil
The European Union (EU) is weighing sanctions on companies in India and China that are enabling Russia’s oil trade as part of an upcoming package of fresh restrictions, according to people familiar with the matter.
US President Donald Trump said over the weekend that he’s prepared to move ahead with “major” sanctions on Russian oil if European nations do the same. The penalties would target the energy trade that’s crucial to financing President Vladimir Putin’s war on Ukraine, particularly buyers from China and India.
