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Kremlin on U.S. effort to wean India and China off Russian energy: we offer a top commodity at a good price
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Kremlin on U.S. effort to wean India and China off Russian energy: we offer a top commodity at a good price
Oct 28, 2025 3:56 AM

*

U.S. declared sanctions against top Russia's oil producers

*

New sanctions aim to pressure Moscow into a Ukraine

ceasefire

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Up to Russia's partners to decide, the Kremlin says

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Russia offers top quality energy at a good price, Kremlin

says

(Releads, adds background, comment)

MOSCOW, Oct 28 (Reuters) -

The Kremlin said on Tuesday that Russia offered top quality

energy at a good price and so its partners would decide for

themselves whether or not to buy Russian energy after the United

States slapped sanctions on Russia's top oil companies.

The restrictions against Russia's oil majors forced

country's second-largest oil producer Lukoil to

declare the sale of its foreign assets.

With the sanctions, U.S. President Donald Trump is seeking

to pressure Moscow into agreeing a ceasefire in Ukraine after

peace talks hit a deadlock.

U.S. sanctions over Ukraine have already prompted Chinese

state oil majors to temporarily suspend purchases of Russian

crude, while Indian refiners - the largest buyers of seaborne

Russian oil - are expected to sharply reduce their imports,

according to industry sources.

"Any country has an interest in purchasing strategic

commodities such as energy resources, in higher quality and in

larger quantities, at a lower price. In this regard, Russian

energy resources are highly competitive on international

markets," Peskov told reporters.

"We are offering our own commodity. The commodity has a

strategic meaning for many countries. It is competitive and

attractive," Peskov said when he was asked about India and

China, the largest buyers of the Russian oil.

Russian President Vladimir Putin said on Thursday that

Moscow would never bow to pressure from the United States or any

other foreign power.

Putin said that U.S. and Western sanctions were an

"unfriendly" act and "will have certain consequences, but they

will not significantly affect our economic well-being". Russia's

energy sector feels confident, he said.

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