The British government sets a 2027 deadline to close a sanctions loophole allowing diesel and jet fuel refined from Russian crude in third countries.
The UK will ban imports of diesel and jet fuel refined from Russian crude in third countries starting January 1, 2027. The measure targets a remaining loophole in existing sanctions, which previously allowed such imports despite restrictions on Russian oil products.
The decision follows a May announcement prohibiting refined oil made from Russian crude, regardless of refining location. However, the earlier policy lacked a firm deadline, leaving a gap for indirect imports. The new rule aligns with broader efforts to tighten sanctions on Russian energy exports.
No immediate market reaction was reported following the announcement.