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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Big News Network

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

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…

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Il Fatto Quotidiano

Rome

Metropolitan City of Rome

Lazio

Italy

Japan breaks the anti-Russia alliance. It will buy oil above 60 dollars in the price cap. With Washington's approval - Il Fatto Quotidiano

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

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All Sides

The Gateway Pundit

Jim Hoft

United States

Another Loss for the US: Japan Breaks with Western Allies, Buys Russian Oil at Prices Above Cap

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.

RedState

Salem Media Group

Washington

District of Columbia

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

Open the article to view the coverage from Newsmax

Newsmax

Christopher Ruddy

Headline Unavailable

The G7 nations which include Japan and European Union and Australia, last year agreed to a $60 a barrel price cap on Russian seaborne crude oil

Firstpost News

Mukesh Ambani

Mumbai

Maharashtra

India

Japan breaks ranks with US, EU to start buying Russian crude oil

Citing energy needs, Tokyo won exception to rules binding G-7 nations

Wall Street Journal

Murdoch family

New York

Japan Breaks With U.S. Allies, Buys Russian Oil at Prices Above 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.

Just the News

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

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…

Zero Hedge

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

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

Fox Business

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

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

Japan Breaks With U.S. Allies, Buys Russian Oil at Prices Above Cap

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