Story perspectives

Japan and New Zealand Tighten Sanctions on Russia's Oil

9/12/2025

Summary

Story summary

Japan and New Zealand imposed new sanctions on Russia, reducing the oil price cap from $60 to $47.60 per barrel on September 12.
Japan's Chief Cabinet Secretary announced asset freezes and export restrictions on 47 entities and nine individuals linked to Russian aggression.
Japan imports only 0.1% of its oil from Russia, with Sakhalin Blend crude exempt from the cap for energy security.
New Zealand's sanctions target 19 individuals and organizations involved in cyberattacks against Ukraine.
These measures align with actions by the EU and G7 countries to increase economic pressure on Russia amid the Ukraine conflict.

History

Historical Context

Russia's annexation of Crimea in 2014 sparked international outrage, leading to sanctions from the EU and the U.S. In response to ongoing aggression, Japan and New Zealand recently targeted 66 individuals and organizations with sanctions. This reflects a unified global stance against Russia, emphasizing the commitment to uphold international law and support Ukraine amid the continuing conflict.

1 of 2

Story summary

Japan and New Zealand imposed new sanctions on Russia, reducing the oil price cap from $60 to $47.60 per barrel on September 12.
Japan's Chief Cabinet Secretary announced asset freezes and export restrictions on 47 entities and nine individuals linked to Russian aggression.
Japan imports only 0.1% of its oil from Russia, with Sakhalin Blend crude exempt from the cap for energy security.
New Zealand's sanctions target 19 individuals and organizations involved in cyberattacks against Ukraine.
These measures align with actions by the EU and G7 countries to increase economic pressure on Russia amid the Ukraine conflict.

1 / 2