Currently, China buys around USD 219.5 billion worth of energy (including oil, gas, and coal) from Russia, while India imports about USD 133.4 billion, and Turkey around USD 90.3 billion.

Tariffs on Indian exports to the United States will surge to 50 percent by late August, as part of an effort by President Trump to pressure Russia into resolving its war in Ukraine.

Russian oil exporters are predicted to take in $153 billion this year, according to the Kyiv institute. Fossil fuels are the single largest source of budget revenue. The imports support Russia’s ruble currency and help Russia to buy goods from other countries, including weapons and parts for them.