UK U-Turn on Russian Oil Sanctions as Petrol Prices Hit Record High
UK Eases Russian Oil Sanctions Amid Record Petrol Prices

The UK government has made a significant policy U-turn on Russian oil sanctions, now permitting the indefinite import of jet fuel and diesel refined in third countries. A new trade licence, effective from Wednesday, will be periodically reviewed amid surging fuel costs and the ongoing crisis in the Middle East.

Government's Decision and Criticism

Tory leader Kemi Badenoch criticised the move as “insane”, arguing it undermines efforts against Russia and prioritises imports over domestic oil and gas production. The decision comes after petrol prices in the UK reached 158.5p per litre, the highest since December 2022, with further increases expected.

Impact on Fuel Duty and Consumers

Chancellor Rachel Reeves is reportedly set to abandon plans to increase fuel duty, as the government seeks to alleviate pressure on motorists. The relaxation of sanctions aims to stabilise fuel supply chains, but critics argue it weakens the UK's stance against Russian aggression.

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Simon Calder explains what to do if your flight is cancelled after jet fuel price soars. The UK quietly eases Russian oil sanctions as fuel costs surge amid Iran war.

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