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It's refined in India, but Putin's oil is still gushing into the UK
The Observer
|August 03, 2025
On 18 July, a jubilant chancellor of the exchequer, Rachel Reeves, proclaimed that the UK was "turning the screw on the Kremlin's war chest".
The UK announced that it was lowering the price cap on Russian oil products traded by maritime services. Importing Russian oil directly became illegal in December 2022 but acquiring it through third-party countries is permitted.
A lower price cap, Reeves said, would stem “the most valuable funding stream of [Russia’s] illegal war in Ukraine even further”. But Vladimir Putin’s oil has been dribbling into Britain, irrespective of pricing regulations. Indeed, the UK has imported oil products worth millions of pounds from a refinery owned by a sanctioned Russian company, The Observer can reveal.
Diese Geschichte stammt aus der August 03, 2025-Ausgabe von The Observer.
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