To ask the Minister of State, Foreign, Commonwealth and Development Office, what assessment he has made of the impact of the current sanctions regime on the flow of Russian oil into the UK; and whether he has plans to strengthen those measures.
Answered on
6 March 2024
The UK, alongside the G7 and Australia, has banned the import of Russian oil and oil products. We have also created the Oil Price Cap which prohibits UK and G7+ firms from providing services facilitating the maritime transport of Russian oil and oil products to third countries above that Cap. Importers must provide proof of origin to relevant UK enforcement authorities, to demonstrate that goods are not of Russian origin.
We continue to monitor the efficacy of our oil-related sanctions and, in coordination with our partners and will take further action if needed.