Ukraine war briefing: Britain to buy diesel and jet fuel made from Russian crude oil
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Ukraine war briefing: Britain to buy diesel and jet fuel made from Russian crude oil
"A breach widened in the oil and gas sanctions cordon around Russia on Tuesday, as Britain exempted imports of diesel and jet fuel made from Russia crude, but refined in third-party countries. It comes after the US extended a waiver that critics say allows the Kremlin to earn more money and fund the war in Ukraine. Russian oil is shipped to India, Turkey and other countries where it is refined and re-exported as their own product complicating sanctions enforcement. The new rules take effect on Wednesday and will be of indefinite duration, though they will be reviewed periodically and can be amended or revoked, the British government said in a notice."
"Higher fuel costs have fed into broader cost-of-living pressures in Britain. An EU official on Tuesday criticised the latest US waiver of sanctions on Russian oil, announced via the US treasury secretary, Scott Bessent. From the EU point of view, we do not think that this is a time to ease pressure on Russia, said the EU economics commissioner, Valdis Dombrovskis. In fact, Russia is the one which is gaining from the war in Iran and the increase in fossil fuel prices Secretary Bessent was reassuring us that this is a temporary measure, but we know that it's already a second extension of the measure which initially was meant to last only 30 days."
"Britain on Tuesday also issued a licence for maritime transport of liquefied natural gas from Russia's Sakhalin-2 and Yamal projects and related services including shipping, financing and brokering under Russia sanctions rules, running until 1 January 2027. The US warned Russia against attacking Latvia after the Kremlin's UN ambassador threatened it with retaliation over Ukrainian drones. Baltic countries denounced as lies claims by Vasily Nebenzya that Ukraine was planning to launch drones from Baltic countries. A Romanian F-16 Nato jet shot down a drone over Estonia on Tuesday, Shaun Walker writes, in what appeared to be the latest case of Russian electronic jamming divertin"
A breach widened in the oil and gas sanctions around Russia as Britain exempted imports of diesel and jet fuel made from Russian crude but refined in third countries. The change takes effect Wednesday and is set for indefinite duration, with periodic review and possible amendment or revocation. Russian oil is shipped to countries such as India and Turkey for refining and re-export, complicating enforcement. The US extended a sanctions waiver that critics say enables the Kremlin to earn more and fund the war in Ukraine, prompting EU criticism that pressure should not be eased. Britain also issued a licence for maritime transport of liquefied natural gas from Russian Sakhalin-2 and Yamal projects until 1 January 2027. Separately, the US warned Russia against attacking Latvia after UN-related threats, while NATO forces reported drone incidents over the Baltics.
Read at www.theguardian.com
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