Japan Breaks With U.S. Allies, Buys Russian Oil at Prices Above Cap
Summary by Ground News
Japan has begun purchasing Russian crude oil above the $60-a-barrel cap, breaking with Western allies thanks to an exception authorized by the United States.
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Il Fatto Quotidiano
Japan breaks the anti-Russia alliance. It will buy oil above 60 dollars in the price cap. With Washington's approval - Il Fatto Quotidiano
Japan breaks away from the Western alliance and decides to buy Russian oil by paying more than 60 dollars a barrel. That is, exceeding the price cap set by the G7 countries of which Japan is a member, by the European Union and by Australia. This is written by the American newspaper Wall Street Journal, which also reports that Tokyo has been authorized by the United States to break the threshold by virtue of its strong dependence on Moscow suppli…
Another Loss for the US: Japan Breaks with Western Allies, Buys Russian Oil at Prices Above Cap
The international Group of Seven (G7) – an intergovernmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States – agreed on a price cap for Russian oil on December 3, 2022: $60 per barrel. However, one of the United States’ closest Asian allies is now purchasing Russian oil at prices above the cap, breaking with the sanctions imposed by US allies. Japan’s crude imports were exempted from
