Processed Russian Oil Products: Sanctions Debate

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Department: Department for Business and Trade

Processed Russian Oil Products: Sanctions

Lindsay Hoyle Excerpts
Wednesday 20th May 2026

(3 weeks, 5 days ago)

Commons Chamber
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Chris Bryant Portrait Chris Bryant
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There are two things here. A set of sanctions comes into force today, including on oil and oil products processed in a third country. It is the first time that the UK has gone down that route. As I say, the previous Government chose not to go down that route, even though people were arguing for it. I think this will be an important new measure in ratcheting up the pressure on the Russian regime.

At the same time, partly in recognition of the instability there may be in the energy markets as a result of the events in the middle east and the war in Iran—obviously, we have chosen not to take part in it—we have decided to implement these sanctions in a phased way, as many other countries have done, including Australia and Canada. That is why we have introduced these licences for diesel and jet fuel. As I have said, I want these licences to last as short a time as is possible and necessary to manage that market instability, and that is why we will review them as much as possible.

I pay tribute to my hon. Friend as our trade envoy to Ukraine. We stand 100% beside our friends in Ukraine. Indeed, the package of sanctions we have introduced this time around is the toughest of any, and I know our Ukrainian friends have supported them.

Lindsay Hoyle Portrait Mr Speaker
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I call the Liberal Democrat spokesperson.

Sarah Olney Portrait Sarah Olney (Richmond Park) (LD)
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Inconsistencies and U-turns have become characteristic of this Government, but this is more than just a redirection of policy; this is a betrayal of Ukraine. This Government are abandoning our European ally in its moment of need by putting more money into the pockets of President Putin to fund his war machine.

Last month, the Liberal Democrats urged the Government to implement a bold plan to keep Britain moving, which included a 10p cut to fuel duty, but also featured proposals to boost public transport by slashing bus fares to £1 and cutting rail fares by 10%. This would have taken pressure off our forecourts, but the Government sat on their hands. Instead, the Government believe that our best course of action is to abandon all morality and to indirectly fund Putin’s illegal war. I would like to ask the Minister how much money will be spent on Russian oil products as a result of this decision, and will he admit that lifting these sanctions will indirectly fund Russia’s invasion of Ukraine?

--- Later in debate ---
Chris Bryant Portrait Chris Bryant
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I am trying to do that here, now, live. Indeed, I went to see the BBC earlier and gave it a clip. Just to be absolutely clear, we are not suspending any sanctions. The sanctions regime in the UK is tougher today than it was yesterday, a week ago, or a year ago. I am certain that as I in the Department for Business and Trade and my colleagues in the Foreign Office continue to look into the constant diversion and subversion of our sanctions regime, the regime will get even tougher as the months and years proceed.

Lindsay Hoyle Portrait Mr Speaker
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That brings us to Jim Shannon.

Jim Shannon Portrait Jim Shannon (Strangford) (DUP)
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I would hate to be deprived of a question. I thank the Minister very much for his sincere and helpful answers. May I say this gently to him? Many of us believe that there is a very clear solution to this problem. If this Government want true energy security, then instead of forcing British businesses to navigate complex legal loopholes in order to import foreign energy, and instead of pressing ahead, through the energy independence Bill, with a permanent ban on our using our own resources, they must scrap the ideological roadblocks, approve crucial domestic projects, such as development of the Rosebank and Jackdaw oil and gas fields, and unleash the full potential of British North sea production. Will the Minister please discuss that with Cabinet members, and demand that common sense and energy security be prioritised over what any single Government Minister says on the subject?