Japan Weighs Russian Oil Amid Iran War, US Waiver
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Japan Mulls Russian Oil Purchase Amid Global Energy Crisis
Japan is considering buying Russian crude oil following a US waiver on sanctions for stranded Russian petroleum, amid the Iran-involved war disrupting global energy supplies. Japan, heavily reliant on Middle Eastern oil, is seeking alternatives due to the Strait of Hormuz closure. Officials emphasize balancing energy needs with international talks and alliances, while refiners explore US, Central Asian, and South American sources. Japan aims to maintain stable fuel supplies for its people.
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