• About us
  • Team
  • Privacy Policy
  • Contact
Wednesday, June 17, 2026
  • Login
No Result
View All Result
World's first weekly chronicle of development news
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
No Result
View All Result
World's first weekly chronicle of development news
No Result
View All Result

BIGGEST IMPORTER

Huge jump in Taiwan’s import of Russian naphtha

by Blitz India Media
October 3, 2025
in world
0
BIGGEST IMPORTER
Blitz Bureau

NEW DELHI: TAIWAN has become the world’s biggest importer of Russian naphtha, a petroleum derivative used to make chemicals needed for the semiconductor industry, despite the fact that it has joined other sanctions against Russia and considers itself an ally of Ukraine.

In the first half of 2025, Taiwan imported $1.3bn worth of Russian naphtha, and average monthly imports reached a level nearly six times higher than the 2022 average, according to a report published on September 30. Compared to the first half of 2024, Taiwan’s naphtha imports this year increased by 44%. Taiwan has elsewhere been reiterating its support for Ukraine in the war with Russia. On September 28, Taiwan’s foreign minister, Lin Chialung, signed a pact in Poland to provide support for children in Ukraine affected by Russia’s invasion.

After Russia’s full-scale invasion of Ukraine in 2022, Taiwan joined international sanctions against Moscow. It has also imposed export controls to prevent the island’s hi-tech equipment from being used by Russia’s military. But Moscow’s ability to continue with the war is funded in part by energy exports, with billions of dollars coming from Taiwan.

Since February 2022, Taiwan has imported 6.8m tonnes of Russian naphtha, worth $4.9bn, which is equal to 20% of Russia’s total exports of the petroleum product. The US president, Donald Trump, has urged countries to stop buying Russian oil.

The findings come from a report published by the Centre for Research on Energy and Clean Air, a Finnish thinktank, in collaboration with a consortium of European, Russian and Taiwanese NGOs, according to The Guardian.

Related Posts

tacos mexico
world

Culinary delights

June 16, 2026
Mexico City Gears Up for Historic 2026 World Cup
Sports

FIFA fever in Mexico

June 16, 2026
New Pill Nearly Doubles Pancreatic Cancer Survival Time
world

A potent pill

June 16, 2026
medical
world

‘A miracle drug’

June 16, 2026
Israel's Weapons Exports Hit Record $19 Billion
world

Record high

June 16, 2026
Kim Jong Un Vows Exponential Nuclear Force Growth
world

Boosting nuclear material

June 16, 2026
Load More
Next Post
UN appeals to Taliban

UN appeals to Taliban

Recent News

financial
News

Indian-origin Sanger’s worth hits $5.5 b after SpaceX deal

by Blitz India Media
June 17, 2026
0

Blitz Bureau NEW DELHI: SpaceX has signed a merger deal for $60 billion in stock to acquire Anysphere Inc. --...

Read moreDetails
artificial intelligence

India’s AI workforce reaches 9.2 lakh

June 17, 2026
growth

India accounts for 33 pc of Asia’s risk insurance claims

June 17, 2026
PM Modi calls for improving international solidarity at G7

PM Modi calls for improving international solidarity at G7

June 17, 2026
rural india

Govt allocates over Rs 544 cr for crop management

June 17, 2026

Blitz Highlights

  • Special
  • Spotlight
  • Insight
  • Entertainment
  • Health

International Editions

  • US (New York)
  • UK (London)
  • Middle East (Dubai)
  • Tanzania (Africa)

Nation

  • East
  • West
  • South
  • North
  • Hindi Edition

E-paper

  • India
  • Hindi E-paper
  • Dubai E-Paper
  • USA E-Paper
  • UK-Epaper
  • Tanzania E-paper

Useful Links

  • About us
  • Team
  • Privacy Policy
  • Contact

©2024 Blitz India Media -Building A New Nation

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

    No Result
    View All Result
    • Blitz Highlights
      • Special
      • Spotlight
      • Insight
      • Entertainment
      • Sports
    • Opinion
    • Legal
    • Perspective
    • Nation
      • East
      • West
      • North
      • South
    • Business & Economy
    • World
    • Hindi Edition
    • International Editions
      • Dubai
      • Tanzania
      • United Kingdom
      • USA
    • Blitz India Business

    ©2024 Blitz India Media -Building A New Nation