TOKYO, June 14. /TASS/.
Cooperation with Russia in the energy sector would be beneficial for Japan severely affected by disruptions in resource supplies due to the blockade of the Strait of Hormuz, Shoji Nishida, a lawmaker from Japan’s ruling Liberal Democratic Party, said in an interview with TASS.
The recent closure of the Strait of Hormuz has caused significant damage to Japan, which [in late years] has been sourcing 90% of its oil from the Middle East.
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Given this, and the fact that our neighbor Russia possesses abundant resources, while Japan has the technology and financial resources to develop them together, joint development and resource sharing would be mutually beneficial [for Moscow and Tokyo],” he said.
When asked about the possibility of lifting the price cap on Russian oil, Nishida expressed the view that Washington is standing in the way of this.
The USA is trying to gain control over oil–global control. That’s why I think there’s a lot of pressure [from the U.S.], the lawmaker added.
TASS / ABC Flash Point News 2026.
All cooperation with Russia is beneficial.
Quite true but in Japan,s case its only doing it because of the energy situation in all other international fields it opposes Russia’s actions in Ukraine has purchased $14 Million worth of military weapons for NATO use in Ukraine and has recently changed their export laws to allow export of weapons abroad . Its also at odds with Russia over islands near Japan now Russian territory -no peace treaty has been signed by Russia and Japan after WW2 , military vehicles have been sent to Ukraine built in Japan . 0.43 % of Japan,s GDP is used to support Ukraine… Read more »