Japan Faces Balancing Act on Russia Price Cap

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Resource-poor Japan appears set to take an equivocal line on the G7’s upcoming price cap on Russian crude — avoiding either active support for, or opposition to, the measure.

Oil Prices, Ukraine Crisis, Sanctions, Crude Oil, Oil Trade
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Move by European Parliament to leave industry-friendly treaty reflects continued push away from oil and gas despite the energy crisis.
Fri, Nov 25, 2022