February purchases were reportedly made above the price limit agreed by Tokyo and its Western allies Japan purchased Russian crude oil at $68.5 per barrel in February, TASS news agency reported on Thursday, citing calculations based on statistics from the Japanese Finance Ministry. The figure is above the $60 price cap that Tokyo agreed to with its Western allies, in an effort to punish Russia over the conflict in Ukraine. Last month, Japanese importers reportedly bought 232,700 barrels of oil from Russia with a total value of 2.125 billion yen ($15.945 million). The average cost of a barrel from the February batc
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