The UK government has quietly watered down sanctions on Russian oil in an effort to shelter Britons from the cost-of-living squeeze triggered by the
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The UK government has quietly watered down sanctions on Russian oil in an effort to shelter Britons from the cost-of-living squeeze triggered by the closure of the Strait of Hormuz.
A trade license that came into effect Wednesday permits the import of Russian oil that has been refined into jet fuel and diesel in third countries, such as India and Turkey.
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The U.K. government has quietly eased some sanctions on Russian oil to help Britons cope with rising costs.
The move will allow the UK to import Russian crude oil refined in third countries, such as India and Turkiye.
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