See every side of every news story
Get Started
SubscribeLogin
Israel-Hamas Conflict
Holi
Natural Disasters
Social Media
Baseball
Artificial Intelligence
Senate
Boxing
Stock Markets
Donald Trump
Vladimir Putin
South America
Basketball
Published • loading... • Updated

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.

10 Articles

All
Left
1
Center
2
Right
7
Just the NewsJust the News

U.S. grants exception for Japan to buy Russian oil above $60 a barrel cap

As the EU continues to shift away from Russian energy dependence, one Western ally has been given an exception to the agreed upon price cap.

·Washington, United States
Read Full Article
The Gateway PunditThe Gateway Pundit

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

·United States
Read Full Article
Big News NetworkBig News Network

Japan breaks ranks with US allies, purchases Russian oil at price higher than cap

The United States has rallied its European allies behind a USD 60-per-barrel ban on purchases of Russian crude oil, but one of Washington closest Asian allies

Read Full Article
Zero HedgeZero Hedge

Anti-Russia Alliance Splinters As Japan Buys Russian Oil At Price Above Cap; Others To Follow

Anti-Russia Alliance Splinters As Japan Buys Russian Oil At Price Above Cap; Others To Follow Today OPEC+ woke up and chose scorched-earth war against the Fed. That's because while the US central bank is already trapped, and is desperately looking for any excuse to halt its tightening campaign now that inflation is accelerating to the downside not just because regional banks desperately need a lower Fed Funds rate to short-circuit the relentless…

·United States
Read Full Article
RedStateRedState

Still Tough on Putin? U.S. Grants Japan Permission to Buy Russian Oil

While Joe Biden talks a good game about being tough on Vladimir Putin, his administration agrees to let Japan keep buying fossil fuels from Russia.

·Washington, United States
Read Full Article
Fox BusinessFox Business

Japan buys Russian oil above $60-a-barrel cap, breaking with US allies: report

Japan has been buying Russian oil beneath the western-imposed price cap of $60 a barrel, though Russian-sourced imports remain relatively small.

·United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 70% of the sources lean Right
70% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Wall Street Journal broke the news in New York, United States on Sunday, April 2, 2023.
Sources are mostly out of (0)

Similar News Topics

Europe

Europe

Asia

Asia

European Politics

European Politics

Politics

Politics

US Politics

US Politics

Oil and Gas Sector

Oil and Gas Sector

Tokyo, Japan

Tokyo, Japan

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

News
For You
Search
BlindspotLocal