OK, valid complaint, but honestly this is the first time I hear about the font style "oblique".
Wikipedia says
> Oblique type is a form of type that slants slightly to the right, used for the same purposes as italic type. Unlike italic type, however, it does not use different glyph shapes; it uses the same glyphs as roman type, except slanted
So the use case for both italic and oblique font styles in the same document is very... opaque to me :)
The Victor Mono font is an example of a font that provides both. I use Italics for block comments, and Oblique for line comments. Do I need to? No. Does it look way better and make me happy? Yep.
The synthetic substitutions still exist, but only if you fail to provide the font variants.
If I'm not mistaken, browsers still allow using embedded font variants if they are available in e.g. one OTF file