Japan Breaks With U.S. Allies, Buys Russian Oil, the Ruble Doubles and Russia has a Trade Surplus!
By The Geller Report
Russia’s economy and currency are stronger than before the war. U.S. sanctions did not work.
Biden said our war against Russia would weaken it when it fact, it’s done the opposite. It has crippled us.
Tucker Carlson: “It’s scary… They told us sanctions would cripple the Russian economy… well, this summer the Russian ruble hit its strongest level in 7 years and just a few months ago Russia was running a massive trade surplus…”
Japan Breaks With U.S. Allies, Buys Russian Oil at Prices Above Cap
Citing energy needs, Tokyo won exception to rules binding G-7 nations
Access to liquefied natural gas from Russia’s Far East is a priority for Japan’s government.
By Peter Landers, Wall Street Journal, April 2, 2023:
TOKYO—The U.S. has rallied its European allies behind a $60-a-barrel cap on purchases of Russian crude oil, but one of Washington’s closest allies in Asia is now buying oil at prices above the cap.
Japan got the U.S. to agree to the exception, saying it needed it to ensure access to Russian energy. The concession shows Japan’s reliance on Russia for fossil fuels, which analysts said contributed to a hesitancy in Tokyo to back Ukraine more fully in its war with Russia.
While many European countries have reduced their dependence on Russian energy supplies, Japan has stepped up its purchases of Russian natural gas over the past year. Japan is the only Group of Seven nation not to supply lethal weapons to Ukraine, and Prime Minister Fumio Kishida was the last G-7 leader to visit Ukraine after Russia’s invasion……
Tucker says
The DC War Machine:“It’s scary…
They told us sanctions would cripple the Russian economy… well, this summer the Russian ruble hit its strongest level in 7 years and just a few months ago Russia was running a massive trade surplus…” pic.twitter.com/FP6ieVX4mD— Frank Schramm5🍊 (@FrankSchrammJAX) December 16, 2022
Since the war, the ruble has doubled, there are no food shortages in Russia. The sanctions hurt our USA and Western Europe. 🚨another Biden failure 🚨. Watch Tucker pic.twitter.com/EW4uKESz0G
— Stooge Report (brain cells matter) (@stooge_report) December 16, 2022
AUTHOR
Pamela Geller
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