UK eases sanctions on Russian oil refined into jet fuel and diesel

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https://www.ft.com/content/60068372-a271-429f-8b31-ed18f0d3e10f?syn-25a6b1a6=1

The decision, quietly announced by the government on Tuesday evening, includes waivers on new sanctions blocking purchases of jet fuel and diesel refined from Russian crude oil in third countries and echoes a similar move by the US.

The waiver — which Conservative leader Kemi Badenoch labelled as “insane” — began on Wednesday and is intended to address supply concerns caused by the blockade of the Strait of Hormuz since the start of the US-Iran war.

https://archive.fo/qvVgs

Crosspost from https://lemmygrad.ml/post/11681426

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