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

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. As many European nations weaned themselves off Russian oil in response to the invasion of Ukraine, Japan stepped up its purchase of Russian natural gas. Japan has almost none of its own fossil fuels, ...     Alert Apr 3, 2023, 7:10am Fundamental: Japan buys Russian oil above $60-a-barrel cap, breaking with US allies: report 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. As many European nations weaned themselves off Russian oil in response to the invasion of Ukraine, Japan stepped up its purchase of Russian natural gas. Japan has almost none of its own fossil fuels, ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support