Japan to take measures to embargo Russian oil

Japan's Prime Minister Fumio Kishida said his country will ban Russian crude oil imports "in principle" to show unity with a Group of Seven effort against Russian invasion of Ukraine.

Leaders from the G-7 countries met online Sunday and announced their commitment to ban or phase out Russian oil imports. Kishida said it will be a gradual and slow process of phasing out Russian oil imports and that details and a timeline will be decided later.

Japan has also announced phasing out Russian coal imports. He said Japan will not ban imports from its own stakes in oil and natural gas projects in Russia, including those in Sakhalin. About 4% of Japanese oil imports come from Russia.