Tokyo-Moscow thaw to hurt Mideast oil exporters

[Vikrant]

Now, following Prime Minister Shinzo Abe’s visit to Russian President Vladimir Putin this week, the two powers seem finally ready to remove the territorial obstacle from their trade relations, a generally positive development from the international system’s viewpoint, but a very negative one for Japan’s Middle Eastern oil suppliers .

Abe’s soothing statements in Saudi Arabia, where he emerged the day he left Moscow, only enhance the conclusion that the Japanese oil tanker is in the process of U-turning from Arabia to Siberia.

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Tokyo-Moscow thaw to hurt Mideast oil exporters - Amotz Asa-El's View from Jerusalem - MarketWatch