Biden Loses Major U.S. Ally To Russia

This is not good people.

Thanks to bumbling Joe Biden, Japan has started buying crude oil from Russia at prices exceeding the $60-per-barrel limit, a move that diverges from the stance of its Western partners.

According to Fox, when several European countries reduced their reliance on Russian oil due to the invasion of Ukraine, Japan increased its acquisition of Russian natural gas.

Due to having little domestic fossil fuel reserves, Japan is heavily dependent on energy imports to meet its needs. Some experts suggest that this reliance may have contributed to Japan’s reluctance to fully support Ukraine against Russia. Currently, Japan is the sole member of the Group of Seven nations that has not provided Ukraine with lethal weaponry.

Even though Japan has made concessions, the volume of natural gas it imports from Russia is quite insignificant. This accounts for only about 10% of Japan’s overall supply and a small fraction of Russia’s total production. The majority of Russia’s exports to Japan originate from the Sakhalin-2 project, located in the Far East region of Russia.

To prevent a surge in global oil prices while reducing Russia’s revenue from oil sales, the G7 countries and Australia have imposed a limit of $60 per barrel on Russian crude oil transported by sea.

President Biden should be doing his best to prevent U.S. allies from purchasing oil from Russia but it looks like he can’t even do that.