UK relaxes rules on Russian fuel imports amid price surge
The UK government has eased sanctions on Russian jet fuel and diesel that are refined in third countries. This move comes as fuel prices climb due to conflict in the Middle East. The decision allows imports of Russian crude oil processed in places like India and also loosens restrictions on certain liquefied natural gas from Russia. The change has drawn criticism from both domestic and international figures.
What we know
- The UK introduced a trade licence of “indefinite duration” permitting imports of Russian jet fuel and diesel refined in third countries.
- The government also issued a temporary licence easing sanctions on liquefied natural gas from specific Russian plants.
- The UK had previously imposed strict sanctions on Russia after its invasion of Ukraine, targeting oil exports and over 3,000 entities.
- The decision follows a US waiver for Russian oil cargoes at sea and has been criticised by EU officials and Kemi Badenoch.
- UK Treasury minister Dan Tomlinson stated the move is intended to protect the UK’s national interest amid ongoing global conflicts.
