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National News

UK Relaxes Russian Oil Restrictions On Diesel And Jet Fuel Imports

today20 May 2026

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The Government has relaxed sanctions on Russian crude oil, allowing for the import of jet fuel and diesel refined in third countries amid surging costs.

A trade licence, which came into effect on Wednesday, permits the imports “indefinitely”.

According to the licence, the sanctions carve-out will be periodically reviewed as fuel prices rise due to the closure of the Strait of Hormuz and the ongoing crisis in the Middle East.

The Government had previously announced the UK would blockRussianoilrefined in other countries in a bid to “further restrict the flow of funds to the Kremlin”.

Tory leader Kemi Badenoch called the move to waive some of the sanctions “insane”.

She posted on X: “After 18 months of ‘standing up to Putin’ the Labour govt quietly issued a licence allowing imports ofRussianoilrefined in third countries.

“Yesterday Labour MPs voted against UKoiland gas licences. We are now importing from Russia instead of drilling in the North Sea. Insane.”

US treasury secretary Scott Bessent, earlier this week, extended a 30-day sanctions waiver allowing the purchase ofRussianoilshipments already at sea.

“This extension will provide additional flexibility, and we will work with these nations to provide specific licenses as needed,” he said in a post on X.

“This general license will help stabilise the physical crude market and ensureoilreaches the most energy-vulnerable countries.”

It comes amid new figures showing petrol prices have eclipsed the previous high set during the Iranoilcrisis.

On Tuesday, the RAC said the average price of a litre of petrol at UK forecourts stands at 158.5p, which is the most expensive it has been since December 2022.

Following the beginning of the conflict in the Middle East on February 28, the price had previously peaked at 158.3p on April 15.

RAC head of policy Simon Williams earlier this week described the recent rise as “bad news for drivers ahead of the bank holiday” and warned prices are set to become even more expensive.”

He said: “RAC analysis of wholesale fuel data unfortunately indicates that unleaded is now likely to increase to at least 160p a litre in the coming weeks, unless there’s a dramatic and sustained drop in the price ofoilwhich has been above 100 US dollars a barrel since late April.”

It has been widely reported that on Thursday, Chancellor Rachel Reeves will abandon her plan to increase fuel duty from September.

She announced in her November 2025 budget that the 5p per litre fuel duty reduction – introduced by the Conservative government in March 2022 – would be extended until the end of August 2026, with rates then gradually returning to previous levels over the next five years.

The Treasury has been contacted for comment.

Published: by Radio NewsHub

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