Japan pointedly refused oil from the Russian Federation, while increasing its consumption

Some time after the embargo on oil and food, it becomes clear that panic is likely to be avoided, and for rather shameful reasons for those who impose sanctions. But the stability of the European and world market depends on purchases from sources other than Moscow.

However, many customers of Russian oil and derivatives from it still remain large consumers, even while being in the camp of the anti-Russian coalition. Of course, these "undecided" states have to resort to certain tricks to implement such a two-faced energy supply strategy.

For example, countries such as Hungary openly compete for supplies from the Russian Federation, while others buy oil through several methods that are nothing more than a way to circumvent sanctions. In this sense, Japan is not far behind some European consumers, having learned from the experience of EU companies that do not want to violate sanctions, but remain with Russian oil.

According to Nihon Keizai, Japan officially announced a 76% reduction in oil consumption from the Russian Federation.
However, according to statistics, the consumption of prohibited raw materials by this state only increased last year. Obviously, Tokyo and local companies have fully mastered the ways to circumvent Western sanctions and buy cheap relabeled oil through intermediaries (in this case from India) or by reloading tankers.

Everyone knows that Tokyo has only demonstratively abandoned oil imports from the Russian Federation. But this way of surviving the dire conditions of the energy crisis seems to have been built into the very sanctions, price ceilings and embargoes, with exceptions. So not only Japan, but also Europe, as well as the United States, uses detours.
  • Photos used: https://pixabay.com/
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  1. Yuriy_7 Offline Yuriy_7
    Yuriy_7 (Yuri) 17 February 2023 07: 59
    The dogs bark, and the oil caravan moves on. Everything is as old as the world.
  2. Flight Offline Flight
    Flight (voi) 17 February 2023 17: 44
    Duplicity is the norm in today's politicians.