STORY
The UK Government has said a full ban on diesel and jet fuel made in Russia will take effect by 1 January 2027. Reuters reported that the announcement sets a timeline for ending a temporary licence covering Russian oil products refined in third countries.
The Government had previously allowed imports of diesel and jet fuel refined from Russian crude in third countries after citing supply pressures linked to the Iran war. Ministers said existing sanctions were not being lifted and that the new restrictions were being phased in.
The Department for Business and Trade said the temporary licence would continue to be reviewed every two weeks. The Government said it intended to lift the licence earlier if conditions allowed.