Japan's demand for oil is truly monstrous. Even if domestic oil consumption has wound down slightly in the last four decades, this one island nation consumed a staggering 151.4 million metric tons of ...

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 ...

Japan's Prime Minister informed President Trump that banning Russian LNG imports would be challenging for Tokyo, citing ...

Japan's new Prime Minister Sanae Takaichi told U.S. President Donald Trump during their meeting in Tokyo that banning Russian ...

TOKYO (Reuters) -Japanese oil refiners should consider diversifying supply sources as 95% of its crude imports come from the Middle East, but importing Canadian oil could be challenging due to its ...

Japan would be hard placed to follow in the EU’s footsteps and embargo Russian oil and oil products, the country’s economy, trade, and industry minister Koichi Haguida said today, as quoted by Reuters ...

TOKYO, Feb 15 (Reuters) - Japanese oil refiners may buy Russian crude from the Sakhalin-2 oil and gas project, if needed, to secure a stable supply of liquefied natural gas (LNG), the president of the ...

TOKYO—Japan said Monday it would phase out and eventually ban the import of Russian oil, reversing its earlier stance after a meeting of Group of Seven leaders. “Japan relies on imports for most of ...