The Heterogeneous Impact of EU-US Sanctions on China-Russia Petroleum Import and Export
Journal: Electronic Archive of Ural Federal University (ELAR UrFU)
Year: 2025

This paper systematically assesses the asymmetric effects of EU-US sanctions on China-Russia oil trade by employing the extended gravity model of trade, based on time-series data spanning from 1994 to 2023. The research findings reveal that the impacts of EU-US sanctions in 2014 and 2022 on ChinaRussia petroleum import and export trade exhibit heterogeneity.