The UK is easing some Russian fuel sanctions and extending fuel duty relief as the Iran war raises fears over supply shortages and rising household costs.

The Government slipped out overnight that imports of Moscow's oil refined into jet fuel and diesel in third countries will be allowed.

The boss of one of the UK’s biggest oil giants has called on the government to kickstart drilling in the North Sea

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The UK has eased sanctions on Russian jet fuel and diesel refined in third countries due to spiralling fuel prices from the Middle East conflict.

The U.K. government said Wednesday that it had eased sanctions on imports of Russian jet fuel and diesel refined in third countries on Wednesday, amid spiralling fuel prices…

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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At PMQs, Keir Starmer said a 5p rise in duty planned for September was being delayed as part of moves to help Brits hit by the Middle East crisis.

Britain's motorists and businesses will get help with rising prices at the pumps with a targeted package to keep taxes down and support people with the impact of war in Iran

UK inventories of diesel and jet fuel are set to shrink to their lowest since 2023 this month.

Starmer defended an announcement to “phase” new sanctions on Russia announced last year as fuel shortages loom.

British leader Keir Starmer defended Wednesday a contentious move to ease sanctions on imports of Russian jet fuel and diesel as the Middle East war causes prices to spiral.

The UK has waived sanctions on diesel and jet fuel processed from Russian crude in third countries, citing supply security concerns as fuel prices hit post-Iran-war highs.

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Britain has stepped back from a planned crackdown on Russian oil products entering the country via third-party nations. The government confirmed on Wednesday that new restrictions…

How bad is the economic hit from the Iran war going to be? If the talk around price caps on essential food items, and lifting sanctions on Russian oil and gas are anything to go…

Sanctions will be phased in, meaning UK will continue to import fossil fuels from Russia

Los ministros están cada vez más preocupados por el impacto del conflicto con Irán en la economía diaria. Los precios de la gasolina se disparan, van a llegar grandes aumentos en…

The former prime minister led a chorus of disapproval over Labour's decision to shelve plans to close a loophole in global trade rules that allows diesel and jet fuel produced…

Reopen the United Kingdom as one of those homes and the calculus shifts. The risk premium falls. Refiners pay a little more for the crude.