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Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap

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Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap

#91

Post by selivanovp »

pintxo wrote: post #12
ceejayoz wrote: post #8

Earlier quoted context omitted.

Japan has ongoing territorial disputes with Russia. https://en.wikipedia.org/wiki/Kuril_Islands_dispute It's probably in their best interest not to signal "it's fine to forcibly annex someone else's lands".

Given this specific example is about islands controlled by Russia, but wanted by Japan, it sounds like Crimea is good precedent for Japan?

Not really. Southern Kuril islands were negotiated by USSR with USA and UK as a price for USSR joining the war against Japan during WW2 after Germany was defeated. But after WW2 occupied Japan under the pressure of USA refused to sign a peace treaty with USSR and regulate territorial dispute. Russia and Japan were in talks about peaceful resolving Southern Kuril issues for decades, but the main obstacle is that Japan is still an occupied nation with USA military bases stationed there.

After USA pressured Japan to sanction Russia and send military support to Ukraine, all talks about Kurils were terminated.

Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap

#92

Post by John23832 »

defrost wrote: post #27
yosito wrote: post #14

Earlier quoted context omitted.

Is your unspoken claim that Japan bought Russian gas because Australia just suddenly refused to sell gas anymore?

I haven't made any claim, I've reported two factoids and backed them with solid references to allow readers to verify and pursue that angle for themselves. FWiW I was part of a mineral and energy intelligence group started decades ago that was sold onto S&P a decade ago ( mineral arm at [1] ) and the protocol there was to report solid factoids backed by solid references and where applicable create GIS links. That was…

> I haven't made any claim, I've reported two factoids and backed them with solid references to allow readers to verify and pursue that angle for themselves.

And for what reason? The world is full of infinite factoids, but you chose to post this? It's not unreasonable for someone to ask what you intend to purport.

Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap

#93

Post by DLA »

throwaway6734 wrote: post #58
csomar wrote: post #35

The next few weeks/months are going to be very interesting. Saudi Arabia has doubled down on its new direction. Japan/EU seems at edge with the war in Ukraine. China is making new moves in the global financial scene. The US has accumulated significant political debt in the recent years. They have significantly abused their position with the US dollars hegemony. In this recent conflict, the cost burdened Europe and th…

The US is the largest oil producer in the world, one of the largest producers of food, one of the top innovators, has relatively healthy demographics, is surround by allies (one of which produces oil and fertilizer), and has the most dominant military on the planet. Your outlook is significantly more gloomy than reality

All true! It's too easy to focus on the downsides, but there are significant upsides as this comment points out. There's an excellent discussion by Geopolitical strategist Peter Zeihan here [1]; he talks about China vis a vis the US with respect the geographic, demographic, and economic advantages/disadvantages. Worth a watch in this context.

[1] https://www.youtube.com/watch?v=uS4Vw6cuW4M

Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap

#95

Post by pastacacioepepe »

bilekas wrote: post #85
pastacacioepepe wrote: post #43

Earlier quoted context omitted.

On the contrary this looks like the beginning of the end of USA global hegemony. The dollar relevance is degrading and while the west is siding closer with the USA, the rest of the world is distancing itself from them. > On the other hand, the US has shored up massive support from all of Europe ex Belarus, Japan Regarding Japan this very news article contradicts you somehow. > Finland joins NATO tomorrow. Finland is…

> Finland is insignificant from a geopolitical point of view. Its joining NATO only makes NATO less secure as a whole, rather than strenghtening it. This makes zero sense. Please elaborate. > The dollar relevance is degrading Can you give some facts and figures to support this ? Because as I understand then the world would be tradin in multiple currencies for Oil&Gas.

> This makes zero sense. Please elaborate.

I did in another comment under this one. Would you elaborate on why the opposite would be true?

Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap

#96

Post by 5040 »

imwithstoopid wrote: post #49
pastacacioepepe wrote: post #43

Earlier quoted context omitted.

On the contrary this looks like the beginning of the end of USA global hegemony. The dollar relevance is degrading and while the west is siding closer with the USA, the rest of the world is distancing itself from them. > On the other hand, the US has shored up massive support from all of Europe ex Belarus, Japan Regarding Japan this very news article contradicts you somehow. > Finland joins NATO tomorrow. Finland is…

[flagged]

Demand for American currency abroad brought stability to the currency. If that demand should diminish significantly, future American financial excesses will become a lot more dangerous. This might speed along decline or motivate a return to more disciplined economic policies. Time will tell.

Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap

#97

Post by whitemary »

boringg wrote: post #56
csomar wrote: post #35

The next few weeks/months are going to be very interesting. Saudi Arabia has doubled down on its new direction. Japan/EU seems at edge with the war in Ukraine. China is making new moves in the global financial scene. The US has accumulated significant political debt in the recent years. They have significantly abused their position with the US dollars hegemony. In this recent conflict, the cost burdened Europe and th…

Can you describe why you think the US has "significantly abused their position with the US dollars hegemony."

[flagged]

Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap

#98

Post by John23832 »

Everyone here is missing the obvious. OPEC+ just cut. Japan is a massive energy consumer. They need to shore up their supply.

This also gives Russia a good will gesture.

The agreement to buy Russian oil was Ok'd by the US. This isn't a break, is coordination.

Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap

#99

Post by selivanovp »

blibble wrote: post #47
gatlin wrote: post #11

Earlier quoted context omitted.

Is the unstated assumption here that Russia is mindlessly belligerent and going to attack any neighbor for any reason?

what do you mean assumption? they have attacked several neighbours for no reason and have stated they wish to "reclaim" others

That's simply not true. You should learn about conflicts not from CNN news.

1. Russia hasn't stated a wish to reclaim other countries, even former parts of USSR. 2. Both military conflicts with neighbors Russia participated in: Georgia and Ukraine had very serious reasons and it was not Russia, that initiated both.

Re: Japan Breaks with U.S. Allies, Buys Russian Oil at Prices Above Cap

#100

Post by Ekaros »

reducesuffering wrote: post #3

Money quote: 'It’s not as if Japan can’t manage without this. They can. They simply don’t want to,” said James Brown, a professor at Temple University’s Japan campus. Prof. Brown, who studies Russia-Japan relations, said Japan should move to withdraw from the Sakhalin projects eventually “if they’re really serious about supporting Ukraine.” Mitsui & Co. and Mitsubishi Corp. , two Japanese companies, collectively own…

>At least one middling positive of the invasion has been a litmus test for the levels of integrity of various countries. Russia annexed Crimea almost a decade ago. If you haven't read the writing on the wall and maneuvered independence you're incompetent or immoral.

After invasion of Iraq over 20 years ago it was clear that there is absolutely zero integrity anywhere in this world.

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