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

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The U.S. rallied its European allies behind a $60-a-barrel cap on Russian oil, but one of its closest Asian allies is now buying oil at prices above the cap

on purchases of Russian crude oil, but one of Washington’s closest allies in Asia is now buying oil at prices above the cap.

Source: Energy Industry News (energyindustrynews.net)

 

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pearl harbor!

Well done, Joe. The bully on the block gets his way. At least for an hour or so. Japan turns MAGA, refuses to toe Joe's line in the sand.

Europe Allies are Great

Many will follow Japan’s breakthrough

Don't know what policy is USA following damaging relations hurting its allies strategic partners and helping non important countries as not mentioned in official foreign policy pak, sanctioned russia hurting EU collapsing its own banks can someone explains what USA is doing

Don't what policy is USA following damaging relations hurting its allies strategic partners and helping non important countries as not mentioned in official foreign policy pak, sanctioned russia hurting EU collapsing its own banks can someone explains what USA is doing

Nicee the world is turning against USA

😂😂😂😂

Fwiw that’s an LNG carrier not crude oil in the photo

Probably the reason why Japan is paying less in gas today than CA is paying for gas. AAA gas price avg for CA: $4.83/gal Japan avg gas price: 163.7 JPY/L or $4.66/gal

Complete Failure of USA, 1) Couldn't Provide Any other options 2) Bad relationship btw us and Saudi led to 🛢️ cut ,..and many more...

🤥

First paragraph: ' the US granted Japan the concession'...

Luckily for Japan, the US need Japan in its anti-China strategy. More countries will follow now.

Being allies no the US is of no benefit to Japan. The US abuses its allies.

I don’t have to read your article, to know you’re talking about Japan!

Don't Yankeestan ever get tired of the bullshit it always comes up with?

😂😂😂😂😂

Japan is our closest Asian ally. This doesn't change that.

Japan, a war criminal nation that abducted teenage girls and teenagers in Korea during World War II, ran sex slavery units, and massacred most of them without paying the price, must perish.

Sorry to hear that

俄乌战争彻底改变了世界二战后政治和能源格局: 一、一个能源自己自足的西方世界正在美欧(风光储核能+美国的石化能源)形成——石化能源未来没有大幅涨价的机会;对他们意义已经不打。美国几乎已经从中东退出,对俄罗斯也没什么兴趣了。…

🤣🤣🤣

Japan should be sanctioned.

Is Japan going to get nuked again by US !?

What is Japanese for 'sorry, not sorry'?

♥️ from 🇮🇳🤣

And today Saudis Arabia said it will cut oil production by half a million barrels per day from May through December. Only Joe Biden could cause this much damage with our allies.

Let Japan and Taiwan go. They're not worth it.

WSJ realized sovereign nations have their own energy policies? Unpossible! 🤯😂

Lol now bully japan

How long are you going to peddle lies? EU is not buying Russian oil and gas directly! Russian oil refined by India, exported to USA, USA sells same to EU at exorbitant price!

See that's the problem with the west..can't even stand on its own words...and they were lecturing india 😂😂

They need permission from US… so they are sovereign I think!

Nice 👍

India 🫶 Japan ...

“Japan got the U.S. to agree to the exception” - sovereign nation or slave nation?

PrestonPysh Reminds me of your tweet. Also the effect the Net Exporters will have on the Net Importers will differ in terms of magnitude + timing (i.e. Germany vs. US for O&G). This will cause the relationships amongst the Net Importers to splinter

India is laughing 😁

The Biden Government adopted numerous anti-oil policies that resulted in a spike in oil prices; to demand that its allies pay no more than $60 per barrel is dictatorial and wrong; when it comes to energy, Biden gets the unprecedented grade of F-

Price drops but its a daily up-and-down thing and very tough to gauge whether changes rolls down to consumers, this price will drop now but our price doesn't change for months. They buy at low price? Like can we all celebrate eggs being $1 cheaper on the same day maybe?

Japan acted on principle of flexible response.

In fact, everyone's been buying way above the 'price cap'. 🤷‍♂️

Biden Administration price fixing? respect

It’s a shame we don’t have any forward thinking business people running our country, seems like we’re missing out on a win, win, win situation. But hey, prancing around in fancy socks is important too 🙄

a global turning point is preparing and the west is in very bad shape

Absolutely no one respects Biden and the Dems.

Japan on the wrong side of history come World War III. Just like they were World War II..

LMAO. US $

It would be nice if we could sell Japan the oil it needs. Instead, we’re buying oil ourselves

Japan is smart. They know the US is buying most of the Russian oil routed through India.

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