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 ...

Japanese oil refiner Taiyo Oil takes delivery of a shipment of Russian crude oil on a tanker blacklisted by both the US Treasury Department and the European Union, Bloomberg reports. According to the ...

However, while the focus of frustration differs along partisan lines, the underlying issue is the same: a frustration ...

Per Japanese government instructions, refiner Taiyo Oil has bought a cargo of Russia’s Sakhalin crude to ensure stable production of the LNG plant that supplies gas to Japan, a company spokesperson ...

Japan joins the EU in cutting the price cap on purchases of Russian oil to $47.60 per barrel, in a move effective Friday and aimed at punishing Russia over the war in Ukraine, yet unlikely to affect ...

Japan will continue to negotiate with the United States to seek exemption from the U.S. sanctions on Iran’s oil, as Tokyo wants to avoid negative impacts on its energy supply and business activity, ...

TOKYO, April 17 (Reuters) - Japanese oil refiners see no immediate impact from escalating tensions in the Middle East on their crude procurement, but will use the country's reserves in case of ...